For Sale · Multi-Family
54 Commercial St
Palmer, MA 01069
Price cut: $130,000
$169,900
$299,900
$66 per sq ft
- 5
- beds
- 4
- baths
- 2,566
- sq ft
Est. payment: $1,090/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 16,553
- Year Built
- 1944
- Type
- Multi-Family
- Status
- For Sale
- Property taxes (2025)
- $965
- Assessed value
- $52,800
- Days on Market
- 197
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.
Facts & features
Interior
- Total rooms
- 16
- Basement
- Walk-Out Access
Systems & utilities
- Water
- Public
- Sewer
- Public Sewer
Exterior & parking
- Garage spaces
- 1
- Total parking
- 11
Construction
- Foundation
- Block
- Year built
- 1944
Flood risk
Location
Courtesy of Fine Properties, Inc.
MLS #: 73465001 · Updated: July 20, 2026
Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.
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