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.
For sale
$194,900
54 Commercial St, Palmer, MA 01069
5beds
2,566sqft
3 Family - 3 Units Up/Down
Built in 1944
-- sqft lot
$-- Zestimate®
$76/sqft
$-- HOA
What's special
- 180 days |
- 198 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Justine Snyder 508-614-8258,
Fine Properties, Inc. 508-614-8258
Source: MLS PIN,MLS#: 73465001
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,566
- Total interior livable area: 2,566 sqft
- Finished area above ground: 1,283
- Finished area below ground: 1,283
Property
Parking
- Total spaces: 11
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 10
Features
- Has view: Yes
- View description: Scenic View(s), Water, River
- Has water view: Yes
- Water view: River,Water
- Frontage length: 400.00
Lot
- Size: 0.38 Acres
Details
- Parcel number: Lot 77,3149500
- Zoning: Village 4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Foundation: Block
Condition
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Palmer
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $52,800
- Annual tax amount: $965
- Date on market: 1/4/2026
- Total actual rent: 0
Estimated market value
Not available
Estimated sales range
Not available
$1,858/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $194,900$76/sqft |
Source: MLS PIN #73465001 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 01069
Nearby schools
GreatSchools rating
- 3/10Old Mill Pond Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Palmer High SchoolGrades: 7-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Hampden County
- Palmer
- 01069
- 54 Commercial St






