BMN Boston

Get our mobile app!

Download on the App Store

54 Commercial St, Palmer MA 01069

Palmer, MA 01069 • Thorndike
$299,900
$194,900
Est. $1,266/month
5
Beds
4
Baths
2,566
Sq Ft
$76
Price/Sq Ft
0.38
Acres
1944
Year Built
1
Garage Space
187
Days on Market
Active Price Drop -$105,000 Listed Jan 4, 2026 • MLS# 73465001 Copied! • Updated Jul 4, 2026

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.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

3
Price Changes
35%
Price Range

Property Timeline

Price Reduced
Jun 30, 2026
$194,900 $4,100 (-2.06%)
From $199,000 to $194,900 (-2.1%)
Price Reduced
May 29, 2026
$199,000 $51,000 (-20.4%)
From $250,000 to $199,000 (-20.4%)
Price Reduced
Feb 27, 2026
$250,000 $49,900 (-16.64%)
From $299,900 to $250,000 (-16.6%)
🏠
Listed for Sale
Jan 4, 2026
$299,900
Original listing
Agent: Justine Snyder Office: Fine Properties, Inc.

Tax History

Year Taxes Assessment
2025 $965 $52,800

Financial Details

Annual Property Tax
$965
Tax Year 2025
Assessed Value
$52,800

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1944
Living Area 2,566 sq ft
Lot Size 0.38 acres
Bedrooms 5
Full Baths 3
Half Baths 2
Total Rooms 16

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Walk-out Access
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 11
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $965
Assessed Value $52,800
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Roof Recently Patched, Yet May Need Further Work
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Sq Ft Disclosures Currently gutted- rooms based on layout
Documents None
County Hampden
Total market time (incl. prior listings) 181 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1944
Bedrooms
5
Full Bathrooms
3
Half Bathrooms
2
Living Area
2,566 sq ft
Total Rooms
16
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Walk-Out Access
Laundry:
Security:

Construction & Materials

Year Built: 1944
Structure Type:
Exterior Materials:
Roof:
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 11
Parking Features:

Special Features

View: Yes
View Type: Scenic View(s)
Community Amenities:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
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.

Location

Loading map...

Neighborhood

Thorndike

54 Commercial St, Palmer MA 01069

Palmer, MA 01069

Listing Information

Listing Agent Justine Snyder
Listing Office Fine Properties, Inc.
Office Phone 508-614-8258
Agent MLS ID CN201760
Office MLS ID AN7118
Listing Data Updated Jul 4, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Palmer, MA

Real-time market trends and pricing data for this area

54 Commercial St, Palmer MA 01069 - Photo 1 54 Commercial St, Palmer MA 01069 - Photo 2 54 Commercial St, Palmer MA 01069 - Photo 3 54 Commercial St, Palmer MA 01069 - Photo 4 54 Commercial St, Palmer MA 01069 - Photo 5 54 Commercial St, Palmer MA 01069 - Photo 6 54 Commercial St, Palmer MA 01069 - Photo 7 54 Commercial St, Palmer MA 01069 - Photo 8 54 Commercial St, Palmer MA 01069 - Photo 9 54 Commercial St, Palmer MA 01069 - Photo 10 54 Commercial St, Palmer MA 01069 - Photo 11 54 Commercial St, Palmer MA 01069 - Photo 12 54 Commercial St, Palmer MA 01069 - Photo 13 54 Commercial St, Palmer MA 01069 - Photo 14 54 Commercial St, Palmer MA 01069 - Photo 15 54 Commercial St, Palmer MA 01069 - Photo 16 54 Commercial St, Palmer MA 01069 - Photo 17 54 Commercial St, Palmer MA 01069 - Photo 18 54 Commercial St, Palmer MA 01069 - Photo 19 54 Commercial St, Palmer MA 01069 - Photo 20 54 Commercial St, Palmer MA 01069 - Photo 21 54 Commercial St, Palmer MA 01069 - Photo 22 54 Commercial St, Palmer MA 01069 - Photo 23 54 Commercial St, Palmer MA 01069 - Photo 24 54 Commercial St, Palmer MA 01069 - Photo 25 54 Commercial St, Palmer MA 01069 - Photo 26 54 Commercial St, Palmer MA 01069 - Photo 27 54 Commercial St, Palmer MA 01069 - Photo 28 54 Commercial St, Palmer MA 01069 - Photo 29 54 Commercial St, Palmer MA 01069 - Photo 30 54 Commercial St, Palmer MA 01069 - Photo 31 54 Commercial St, Palmer MA 01069 - Photo 32 54 Commercial St, Palmer MA 01069 - Photo 33 54 Commercial St, Palmer MA 01069 - Photo 34
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour