34
See all 34 photos
$194,900
Est. payment /mo
5 Beds
4 Baths
2,566 SqFt
Price Dropped by $4K
54 Commercial St Palmer, MA 01069
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Key Details
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,566 sqft
Price per Sqft $75
MLS Listing ID 73465001
Bedrooms 5
Full Baths 3
Half Baths 2
Year Built 1944
Annual Tax Amount $965
Tax Year 2025
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
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.
Location
State MA
County Hampden
Area Thorndike
Zoning Village 4
Direction Mass Pike 90, exit 32 to Palmer, L on Thorndike St, L on High St. R onto Commercial St.
Rooms
Basement Walk-Out Access
Exterior
Garage Spaces 1.0
View Y/N Yes
View Scenic View(s)
Total Parking Spaces 12
Garage Yes
Building
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Fine Properties, Inc.