54 Commercial St, Palmer, MA 01069

Palmer
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
54 Commercial St,Palmer, MA 01069
$194,900
  • 5 Beds
  • 5 Baths
  • 2,566 sq. ft.
  • Multi-family
  • Active
Listed by: justine snyder
Office: fine properties, inc.
MLS#:73465001
Source:MLSPIN

Price summary

  • Price:$194,900
  • Price per sq. ft.:$75.95

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.

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Home facts

  • Year built:1944
  • Listing ID #:73465001
  • Updated:July 11, 2026 at 03:28 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:3
  • Half bathrooms:2
  • Rooms Total:16
  • Basement Description:Walk-Out Access
  • Living area:2,566 sq. ft.

Structure and exterior

  • Year built:1944
  • Building area:2,566 sq. ft.
  • Lot area:0.38 Acres
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$194,900
  • Price per sq. ft.:$75.95
  • Tax amount:$965 (2025)

Parking

  • Total parking spaces:11
  • Garage:Yes
  • Garage spaces:1
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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