3 Family - 3 Units Up/Down at 54 Commercial St, Palmer MA 01069
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$168,000

54 Commercial St, Palmer MA 01069
Palmer, MA 01069
Listed by Justine Snyder
Bedrooms
5
Bathrooms
4
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 .CASH AS-IS

Highlights

View

Property details

MLS
MLS Property Information Network
MLS #
73465001
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
290
On market date
January 4, 2026
Stories
3
Total bathrooms
4
Garage spaces
1
Parking spaces
11
Lot size
0.38 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

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

Walkability

Blended score for Palmer's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

39
Car-dependent
out of 100
EPA National Walkability Index
4.0 / 20 -- Least walkable
Google Places amenity density
67 / 100
Restaurants & cafes6
Grocery stores2
Parks2
Schools4
Transit stops2
Pharmacies2

Market position

How this listing compares to current activity in Palmer, from live MLS data.

On the market 290 days -- 169 more days than Palmer's current average of 121 days.
For reference, the median list price across 118 active listings in Palmer right now is $324,900.

Mortgage calculator

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Est. monthly payment
$1,162/mo
$33,600 down
$134,400 loan
Principal & interest$872
Property tax (est.)$140
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 10 days ago.

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.