RARE and EXCITING opportunity to develop this 3.02 +/- acre lot zoned under the special Saugus zoning: BUSINESS HIGHWAY SUSTAINABLE DEVLOPMENT ZONING DISTRICT. Numerous potentials to create a welcoming development that both your Buyer and the Town of Saugus can be proud of! Possible Over 55 development, multi apartments and/or condominiums/townhomes, possible mixed-use, zoning allows for up to 90 units, etc. Many possibilities! Bring your ideas, design concepts and build a showpiece your buyer can boast as their own. Currently there are 4 income producing homes on the property. Land is accessible from multiple approved roads. Located and greatly visible from Route I North. This is truly "Gateway to Saugus".