$194,900
Active54 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 Palmers 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
Listed
May 21, 2026 · 1 mo ago
$250,000
Price reduced
May 30, 2026 · 1 mo ago
$199,000
Price upon request (-20.4%)
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
Estimated payment
$1,140 / month
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.