aisellshomes.space

$194,900

Active

54 Commercial St

Palmer, MA, 01069

Multi-Family · MLS #73465001

Price/sqft

$76

Days on market

46 days

Year built

1944

Lot size

0.38 ac

2,566 sq ft

Sq Ft

0.38 acres

Lot

1944

Year Built

1 car

Garage

Taxes: $965 (2025)

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.

Price history

  1. Listed

    May 21, 2026 · 1 mo ago

    $250,000

  2. Price reduced

    May 30, 2026 · 1 mo ago

    $199,000

    Price upon request (-20.4%)

  3. Price reduced

    Jun 30, 2026 · 6 days ago

    $194,900

    Price upon request (-2.1%)

Location

54 Commercial St, Palmer, MA, 01069

Property details

Basement
Walk Out
Waterview Features
River

Listed by Justine Snyder · Fine Properties, Inc.

Schedule a showing

54 Commercial St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$1,140 / month

Down payment20% · $38,980
Interest rate6.43%

Loan term

Principal & interest
$978
Property tax
$80
Home insurance
$81

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.