Saugus Home for Sale - MLS #73157253

Incredible opportunity for investors and developers. This long standing confirmed pre-existing licensed commercial fishing pier / residential property abuts the Saugus Waterfront Mixed Use Overlay District (WMOD). The current owner is now petitioning the Town of Saugus to have this prime waterfront location entered into the WMOD. Please read Article 18 in the Saugus Zoning Bylaws, found on the web, to learn about the array of potential land use and mixed use possibilities under this overlay. The owners recognize that any sale will include this zoning contingency. All rights and title to licensed pier will be conveyed via deed transfer.The current use of the property includes boat storage and residential use with a permitted accessory dwelling unit. Property utilities include electricity and water to pier area as well as natural gas to the dwelling.