Northeast Private Client Group facilitates $487,500 sale of a 4.70 acre parcel

Saugus, MA Northeast Private Client Group (NPCG) has announced the $487,500 sale of the Broadway Commercial Land, located on 67 Broadway.

Associate Patrick Wheeler along with vice president, investments Francis Saenz represented the seller, a local operator looking to offload an asset that did not match their portfolio and procured the buyer an owner of an adjacent parcel.

The Broadway Commercial Land is a 4.70-acre lot located along Route 1, locally known as Broadway. The parcel is located just south of Route 1 / I-95 intersection and is zoned for R-2, suitable for a wide range of uses, including retail, office, service, or hospitality. The commercial property has excellent frontage on one of the busiest retail and business corridors north of Boston.