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54 Commercial St

Palmer, MA 01069
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Bed 5

Bed

Bath 5

Bath

SqFt2,566

Sqft

Acres0.38

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $194,900

AD Id : 87368134

MLS Id : 73465001

Beds : 5

Lot Size : 0.38 Acre

Living Area Size : 2,566

Year Built : 1944

Garage : 1

County : Hampden

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Feature Features

  • Bathroom Information

    Total Baths: 5 Full Baths: 3 Half Baths: 2

    Room Information

    Total Bedroom: 5
  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 1944 Basement: Walk-Out Access
  • Exterior Features

    Foundation Details: Block

  • Lot Information

    Lot Size Area: 0.38 Lot Size Units: Acres Lot Square Feet: 16,553 Lot Acres: 0.38 Stories: 3 Main Square Feet: 0.38

    Property Information

    Property Type: Residential Income Sub Type: 3 Family - 3 Units Up/DownSQ ft (Living Area): 2,566

  • Listing Price Information

    Original Listing Price: $299900

  • Tax Information

    Parcel Number: Lot 77,3149500 Annual Tax: $965

  • Parking Information

    # of Garage Spaces: 1 Has Garage: Yes Parking Total: 11

  • Location Information

    Direction: Mass Pike 90, exit 32 to Palmer, L on Thorndike St, L on High St. R onto Commercial St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1B Quaboag Valley Co-op.., Palmer, MA, 01069 $170,000 2 2 840 840 SqFt
378 Rondeau Street, Palmer, MA, 01069 $489,000 4 3 2,729 2,729 SqFt
326 Flynt St, Palmer, MA, 01069 $445,000 3 2 2,164 2,164 SqFt
54 Olney Rd, Palmer, MA, 01069 $750,000 3 2 3,515 3,515 SqFt
55 French Dr, Palmer, MA, 01069 $225,000 3 1 1,120 1,120 SqFt
45 Olney Rd, Palmer, MA, 01069 $499,900 4 3 2,602 2,602 SqFt
5 Packard Street, Palmer, MA, 01069 $329,000 4 2 1,922 1,922 SqFt
3 Salem St, Palmer, MA, 01069 $379,900 3 2 1,743 1,743 SqFt
1016 Chestnut St., Palmer, MA, 01069 $449,900 5 2 2,616 2,616 SqFt
725 River St, Palmer, MA, 01069 $124,999 3 1 1,064 1,064 SqFt

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ByOwner last updated this listing 07/08/2026 @ 18:11

MLS: 73465001 LISTED BY: Justine Snyder, Fine Properties, Inc. 508-614-8258 SOURCE: MLS Property Information Network

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