Redevelopment Opportunity

Real Estate: 109 Ballard Street in Saugus, Massachusetts is a 65,455± square foot industrial building on a corner lot of 8.6± acres.  This property was the former Eastern Tool & Stamping Co., Inc. manufacturing facility and is zoned “Light Industrial”.  This is ideally suited for industrial users or a redevelopment opportunity for retail, office, hospitality, or senior assisted living/ residential complex.  The site boasts a superior location near the intersection of Route 107 and Ballard Street in Saugus, 5 minutes to Route 1 and 15 minutes to Interstate-95, Interstate-93, and downtown Boston.  Originally listed at $4,600,000 and Assessed at $3,236,100; the company has now ordered an auction of the property selling to the highest bidder above $1,500,000!

Terms: $100,000.00 deposit in cash, certified check or bank check at time and place of sale; balance due at closing within 45 days.  Seven Percent (7%) Buyer’s Premium.  MA Lic.#AU205

Environmental Reports Available
Seller Financing will be Considered

Inspections by Appointment on Monday, November 24th or Wednesday, December 3rd.  Please contact our office at (603) 964-6103 to schedule showing appointments.

Directions:  From the intersection of Route 1 and Essex Street in Saugus, head east on Essex Street towards Vine Street for 1 mile.  At traffic circle, take second exit onto Lincoln Avenue and follow for approximately 1.2 miles and turn right on Ballard Street.

Buyer Broker Participation Welcome

Ref. #8SVN-08