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Bean Group
Offered at $480,000Active
beds
—
baths
—
sq ft
—
Built
1985

377 Wilbraham Street

Palmer, MA 01069

About this home

Super location~~~ for this prime COMMERCIAL/ BUSINESS opportunity with an included~~~~ SINGLE FAMILY HOME. Perfectly situated on the East–West corridor with Mass Pike (I-90) access approx. 12 minutes away, AND positioned directly on major Route 20 at the Palmer/Wilbraham line. Enjoy high visibility, strong traffic flow, and ample on-site parking—ideal for many potential uses. Close to Brimfield State Forest for added regional draw. The commercial building was a renowned restaurant and is currently in need of total rehab, offering a blank canvas for redevelopment.~~~ Sale also includes a Renovated 4-bedroom, 2-bath Single-family home across from the property-free standing on a beautiful lot-with peeks of nearby pond. A unique property with flexible possibilities; A proposed two-story structure plans are attached for buyer consideration .Commercial building is 4,786 sf, single family is 1644sf. two separate septic system-one shared well with potential to separate .

Listing last checked: Listing updated:

Listed by Maria Von Hollander · Coldwell Banker Realty - Western MA · MLS #73555191

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Details at a glance

Interior1 property facts
Basement
Not reported
Building3 property facts
Style
Other
Year built
1985
Roof
Other
Land & utilities3 property facts
Lot size
0.59 acres
Pool
Not reported
Zoning
GC
Financial2 property facts
Annual taxes
$6,718
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $480,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,987 / monthAdjust
Principal & interest
$2,427
Property tax
$560
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,718. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Exp

    $490,000 · Oct 23, 2024

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About 377 Wilbraham Street

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Request a tour of 377 Wilbraham Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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