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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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number Lot 77,3149500

Tax Information

  • Tax Year 2025
  • Taxes$965

Basic Information

  • List Price$199,000
  • MLS Number73465001
  • Modification Date06/02/2026

Location

  • Address54 Commercial Street
  • Building Number54
  • CountyHampden
  • NeighborhoodThorndike
  • StateMA
  • StreetCommercial Street
  • SubdivisionThorndike
  • TownPalmer
  • Zip01069

Building

  • Building Area Units Square Feet
  • Utilities Public Water
  • Year Built1944

Property

  • Acreage0.38
  • Frontage Length 400

Property Information

  • Living Area 3,759
  • Lot Size Square Feet 16,553
  • Lot Size Units Acres
  • Square Feet3,759

Other

  • Date Listed01/04/2026
  • Farm Land Area Units Square Feet
  • View Count4

Map Location

Driving Directions

Listed by Justine Snyder of Fine Properties,Inc.

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