Amazing Business & Investment Opportunity in Downtown Saugus! ! This well-maintained, mixed-use commercial property has been proudly owned by the same family for 35+ years and offers unmatched convenience, just 20 min north of Boston with quick access to Route 1. This three-level building offers a blend of commercial functionality and residential income potential: 1st Fl: Currently home to a kitchen design showroom – perfect for a wide variety of retail or client-facing businesses. 2nd Fl: Well-suited for office use and ideal for teams or individual professionals seeking a turn-key workspace. 3rd Fl: A charming 1 bd/1ba residential unit, providing an excellent opportunity for passive rental income or convenient on-site living for a business owner. Major updates include a new roof, vinyl siding, and windows (2019). Whether you're an investor, small business owner, or entrepreneur looking to expand, this property offers flexibility, location, and long-term value!
327 Central St, Saugus, MA, 01906
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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