Project Progress: Acquired By Proponent

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About 20-150 Salem Turnpike

Saugus, MA

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.

The properties have over 400 linear feet of frontage on Salem Turnpike (Route 107). The property is zoned Industrial, which allows for all types of uses - commercial, retail, fast food, residential, etc. The land is centrally located in the middle of Saugus, Lynn, and Revere. The main road, Salem Turnpike (Route 107,) hosts over 25,000 cars per day and is intersected at the property by Ballard Street, which hosts over 11,000 cars per day.

The location offers easy access to Logan Airport and all of the main expressways.

Acquisition Cost ITK
Square Feet ITK
Sector

Vacant Land

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Mar 17, 2020

Saugus Land Acquired for $7.04 Million

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