The Channel is centrally located between the Town of Saugus, the City of Revere and the City of Lynn and boasts a very strong traffic count and high visibility. The surrounding area features a wide variety of retail, restaurant and entertainment options including Walmart, the Northgate Mall, Wonderland Marketplace and the Route 1 corridor. In addition to brick and mortar experiences, you take advantage of the waterfront access (with docking rights), access to major biking routes, hiking and recreational opportunities along Rumney Marsh and Revere Beach (America’s First Public Beach).
The development potential for The Channel is endless with the Town of Saugus’ implementation of the Waterfront Mixed-use Overlay Zone which now allows commercial uses within the previously industrial zone. The property currently features a 4,000 sf building within approximately 30’ of the water’s edge which could become an incredible opportunity for a restaurant destination. Given that the property is just a 15 minute bus ride to MBTA’s Blue Line at Wonderland Station and less than 10 miles from Downtown Boston, The Channel could become the North Shore’s next great Mixed-use destination. For more information on this incredible opportunity please contact Ken McClure.