For Sale

54 Commercial St, Palmer, MA

Palmer · MA 01069

$168,000
Price
5
Beds
4
Baths
2566
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1944
Units: 3 Units
Lot size: 0.38 Acre Lot
Price per square foot: $65 / Sq.Ft
Parking: 1 Garage Space · 10 Off Street Spaces

About this home

Positioned in a high-demand corridor of Massachusetts/New Hampshire, this property offers a rare combination of stability, growth, potential, and modern functionality with flexible layouts and strong tenant appeal. It is ideally suited for many possible outcomes and incomes. Lot 77 is a versatile 0.385-acre, 2268-square-foot building and development site located in Palmer’s VC4 Village Zoning District, offering a rare combination of size, visibility, and zoning flexibility. The property supports a wide range of uses, including retail, office, mixed-use, residential, multi-family, cold storage, and live-work configurations, making it an attractive opportunity for developers, investors, and owner operators.This property has already undergone wetland delineation, and the wetland sketch is available. The town allows a 4-unit multifamily redevelopment without a special permit, and with the additional parking area, the site could accommodate even more units with a special permit .CASH AS-IS

Neighborhood & Transit

Thorndike

54 Commercial St, Palmer · MA 01069

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
127 days
Listing Price:
$168,000
Price per Sq.Ft:
$65
Tax Assessment:
$52,800 in 2025
Taxes:
$80 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
2
Living Area
2,566 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Currently gutted- rooms based on layout
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1283
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
16,553 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Justine Snyder
Listing office
Fine Properties, Inc.
MLS PIN #
73465001
Disclosure
Currently gutted- rooms based on layout