54 Commercial St, Palmer MA 01069
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$169,900

54 Commercial St, Palmer MA 01069
Palmer, MA 01069
Listed by Justine Snyder
Bedrooms
5
Bathrooms
3.2
Living area
2,566 sqft
Year built
1944

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.

Highlights

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Property details

MLS #
73465001
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
229
On market date
January 4, 2026
Stories
3
Garage spaces
1
Lot size
0.38 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Old Mill Pond
0.56 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
621
Student:teacher ratio
12.2:1
District
Palmer
Middle
Ware Middle School
5.58 mi away · Grades 4-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
255
Student:teacher ratio
12.8:1
District
Ware
High
Palmer High
0.44 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
565
Student:teacher ratio
9.3:1
District
Palmer

Mortgage calculator

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Est. monthly payment
$1,173/mo
$33,980 down
$135,920 loan
Principal & interest$882
Property tax (est.)$142
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 20, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.