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Bean Group
Offered at $168,000Active
beds
5
baths
5
sq ft
2,566
Built
1944

54 Commercial St

Palmer, MA 01069

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 .CASH AS-IS

Listing last checked: Listing updated:

Listed by Justine Snyder · Fine Properties, Inc. · MLS #73465001

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Details at a glance

Interior2 property facts
Rooms
16
Basement
Yes · Walk-Out Access
Building5 property facts
Style
3 Family - 3 Units Up/Down
Year built
1944
Garage
1
Parking
11
Foundation
Block
Land & utilities5 property facts
Lot size
0.38 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
Village 4
Financial2 property facts
Annual taxes
$965
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $168,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$930 / monthAdjust
Principal & interest
$849
Property tax
$80
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $965. 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

    $69,900 · Nov 24, 2010

  2. Ter

    $69,900 · Apr 2, 2010

  3. Ter

    $150,000 · Oct 25, 2007

More property insights

Automated value estimate $198,031

Estimated range $148,741–$247,321.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: poor

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About 54 Commercial St

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Request a tour of 54 Commercial St and a Bean Group agent will help coordinate an available time with the listing side.

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

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