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Active

54 Commercial St

Palmer, MA 01069

Offered at$169,900

Residential Income · Active · MLS #73465001
Listing Courtesy of Fine Properties, Inc. | Justine Snyder

5Bedrooms
5Bathrooms
2,566Square feet
1944Year built

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MLS PIN data

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.

Property information

Details at a glance

Interior

Rooms
16

Building

Style
3 Family - 3 Units Up/Down
Year built
1944
Garage
1
Parking
11
Foundation
Block

Land & utilities

Lot size
0.38 acres
Water
Public
Sewer
Public Sewer
Zoning
Village 4

Financial

Annual taxes
$965
Assessment year
2025

Listing history

Price and status timeline

  1. Exp

    $69,900 · Nov 24, 2010

  2. Ter

    $69,900 · Apr 2, 2010

  3. Ter

    $150,000 · Oct 25, 2007

Property value estimate

An informed starting point

Estimated value$198,031

Estimated range $148,741$247,321

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationpoor

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Palmer

MetricThis propertyPalmer
List price$169,900$260,00035% below local
Price / sq ft$66$12547% below local
Days on market19755258% above local
Explore homes in Palmer

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 54 Commercial St

Can I schedule a private showing?

Yes. Request a tour of 54 Commercial St 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.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.