54 Commercial St Palmer, MA 01069
Palmer AreaEstimated payment $1,017/month
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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $965
Year Built
- Built in 1944
Lot Details
- 16,553 Sq Ft Lot
Parking
- 1 Car Garage
- 10 Open Parking Spaces
Property Views
- River
- Scenic Vista
Home Design
- Triplex
- Block Foundation
Interior Spaces
- Property has 1 Level
- Walk-Out Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number Lot 77,3149500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $965 | $52,800 | $47,000 | $5,800 |
| 2024 | $911 | $48,000 | $42,700 | $5,300 |
| 2023 | $1,041 | $51,900 | $42,700 | $9,200 |
| 2022 | $1,081 | $48,600 | $39,900 | $8,700 |
| 2021 | $1,053 | $44,600 | $44,100 | $500 |
| 2020 | $1,060 | $44,600 | $44,100 | $500 |
| 2019 | $1,061 | $44,600 | $44,100 | $500 |
| 2018 | $1,201 | $50,900 | $42,900 | $8,000 |
| 2017 | $1,171 | $50,900 | $42,900 | $8,000 |
| 2016 | $1,307 | $58,600 | $41,600 | $17,000 |
| 2015 | $1,268 | $58,600 | $41,600 | $17,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2026 07/16/26 | Price Changed | $169,900 | -12.8% | $66 / Sq Ft |
| 06/30/2026 06/30/26 | Price Changed | $194,900 | -2.1% | $76 / Sq Ft |
| 05/29/2026 05/29/26 | Price Changed | $199,000 | -20.4% | $78 / Sq Ft |
| 02/27/2026 02/27/26 | Price Changed | $250,000 | -16.6% | $97 / Sq Ft |
| 01/04/2026 01/04/26 | For Sale | $299,900 | -- | $117 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $85,000 | -- | |
| Quit Claim Deed | $40,700 | None Available | |
| Deed | $45,000 | -- | |
| Foreclosure Deed | $47,500 | -- | |
| Deed | $75,000 | -- | |
| Deed | $10,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73465001
APN: PALM-000082-000000-000077
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Ask me questions while you tour the home.