Saugus Home for Sale - MLS #73157253

Attention investors and developers! An unparalleled opportunity awaits with this long-standing, pre-existing licensed commercial fishing pier and residential property, perfectly positioned adjacent to the prestigious Saugus Waterfront Mixed Use Overlay District (WMOD). The current owner is in the process of petitioning the esteemed Town of Saugus to integrate this exceptional waterfront locale into the WMOD, unlocking a wealth of potential and possibilities.Through Article 18 of the Zoning Bylaws online, this strategic move enhances property value and unlocks innovative development possibilities. the sale includes a zoning contingency for seamless transfer of benefits. With rights to the licensed pier conveyed transparently, the property offers a solid foundation for diverse ventures. Whether you seek a vibrant community, commercial hub, or luxury enclave, the possibilities are endless. Invest in Saugus's waterfront landscape today and secure your stake in prosperity and progress.