140 Salem Turnpike Update 03/17/20

Saugus Land Acquired for $7.04 Million

Hilco Redevelopment, a subsidiary of Hilco Global, has acquired the property at 20-150 Salem Turnpike in Saugus, MA for $7.04 million.

The property features three parcels of abutting land - 20, 140, and 150 Salem Turnpike - 1-acre, 3-acres, and 3-acres respectively. 20 Salem Turnpike abuts the Saugus River and hosts a 4,000 square foot commercial building that is currently rented. 140 Salem Turnpike is home to Patty's Autoparts but mostly consists of vacant acreage.  150 Salem Turnpike previously had three commercial buildings on it. The buildings have been demolished and the land has been cleared and graded.

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