54 Commercial St, Palmer MA 01069

Palmer, MA 01069 • Thorndike
$299,900
Est. $1,797/month
3,759
Sq Ft
$80
Price/Sq Ft
0.38
Acres
1944
Year Built
23 hours 31 minutes
Time on Market
Active Listed Jan 4, 2026 • MLS# 73465001 Copied!

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.

Property Overview

Listing Type
Commercial Sale
Year Built
1944
Living Area
3,759 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1944
Living Area 3,759 sq ft
Lot Size 0.38 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water

Financial

Annual Tax $965

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1944
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
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Sewer:
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Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage: 400.00 ft
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Thorndike

54 Commercial St, Palmer MA 01069

Palmer, MA 01069

Walkability

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Nearby Schools

School District
Palmer School District local
School Safety 2024-25
6.6% Above Average
5.7% Suspensions 0.5% In-School 0.9% Emergency
1.1% above state avg
E

Elementary Schools

1 school
C-
Old Mill Pond School
0.5 mi | #702 of 824 | Score: 35.5
Dropped 69 spots from last year
-22.7 below state avg
677 students Moderate
Grades PK-06
H

High Schools

2 schools
B-
Palmer High School
0.4 mi | #200 of 346 | Score: 51.4
Improved 97 spots from last year
-6.8 below state avg
416 students Moderate
15 sports • 550 athletes
College Ready Curriculum Strong Athletics
Grades 07-12
C
Pathfinder Regional Vocational-Technical High School
0.8 mi | #265 of 346 | Score: 45.0
Dropped 41 spots from last year
-13.3 below state avg
660 students Less Diverse
15 sports • 496 athletes
Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $80
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 4, 2026
$299,900
Original listing
Agent: Justine Snyder Office: Fine Properties, Inc.

Price & Status History

Date Event Price Change
Jan 4, 2026 New Listing Added $299,900

Market Statistics

Time on Market
23 hours 31 minutes
Price per Sq Ft
$80

Tax History

Year Taxes Assessment
2025 $965

Financial Details

Annual Property Tax
$965
Tax Year 2025

Listing Information

Listing Agent Justine Snyder
Listing Office Fine Properties, Inc.
Agent MLS ID CN201760
Office MLS ID AN7118

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Market Analytics for Palmer, MA

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