405 Shearer St, Palmer MA 01069

Palmer, MA 01069
$649,900
Est. $3,459/month
1.13
Acres
Commercial
Type
86
Days on Market
Active Price Drop -$50,100 Listed Sep 26, 2025 • MLS# 73398744

About this home

Perfect for investors or savvy buyers, this highly visible 1.13-acre parcel offers exceptional frontage—approximately 580 +/- feet—on both Thorndike Street (Route 32) and Shearer Street, with seamless access to Route 181 and the MA Pike. Zoned for Highway Business, the lot presents a wide range of development possibilities (see attached documents for permitted, special permit, and site plan approval uses). In 2023, the site was approved for an Adult Use Cannabis Establishment, and owners are willing to share conceptual drawings and site plans upon request. A land lease may also be considered. Buyers should perform their own due diligence with the Town of Palmer regarding permits and approvals.

Facts & Features

Property Overview

Property Type
Commercial
Property Category
Land

Interior Features

Exterior & Structure

Waterfront Property
No

Lot & Land

Lot Size
1.13 acres
Lot Size
49,222 sq ft
Lot Size Area
1.1300
Lot Features
Level, Corner Lot, Cleared, Fill Needed, Lot Staked
Road Surface Type
Paved
Road Frontage Type
Public, State Road

Parking & Garage

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
At Street
Gas
At Street

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,599
Tax Year
2024
Tax Assessed Value
$139,200
Parcel Number
3145686
Additional Parcels
No
Zoning
HB

Additional Details

Disclosures
3 Parcels have been combined. Town assessor's data does not show the combined lots yet.

Location

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Neighborhood

405 Shearer St, Palmer MA 01069

Palmer, MA 01069

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $217
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jul 1, 2025
$649,900
Original listing
Agent: Scott Fontaine Office: RE/MAX Connections

Price & Status History

Date Event Price Change
Jul 1, 2025 New Listing Added $649,900

Market Statistics

Days on Market
86 days
Price per Sq Ft
$—
Total Price Drop
-$50,100

Tax History

Year Taxes Assessment
2024 $2,599 $139,200

Financial Details

Annual Property Tax
$2,599
Tax Year 2024
Assessed Value
$139,200

Listing Information

Listing Agent Scott Fontaine
Listing Office RE/MAX Connections
Agent MLS ID CN243395
Office MLS ID AN5402

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