54 Commercial St, Palmer, MA 01069
- $169,900
- 5
- BD
- 5
- BA
- 2,566
- SqFt
- List Price
- $169,900
- Price Change
- ▼ $1,800,000 1784242679
- Status
- ACTIVE
- MLS#
- 73465001
- Bedrooms
- 5
- Bathrooms
- 5
- Full Baths
- 3
- Half Baths
- 2
- Living Area
- 2,566
- Lot Size (Acres)
- 0.38
- Year Built
- 1944
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.
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Additional Information
- Area
- Thorndike
- Taxes
- $965
- View
- Scenic View(s)
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Justine Snyder from Listing Office: Fine Properties, Inc..
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