$169,900
$130K PRICE DROP

54 Commercial St Palmer, MA 01069

Palmer Area

Estimated payment $1,012/month

Total Views 17,464
5 Beds
5 Baths
2,566 Sq Ft
$66 Price per Sq Ft

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.

Listing Agent

Justine Snyder

Fine Properties, Inc. Listed on: 01/04/2026

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$965

Year Built

Built in 1944

Lot Details

0.38 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1944
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Basement: Walk-Out Access
  • Above Grade Finished Sq Ft: 1283
  • Below Grade Sq Ft: 1283
  • Living Area: 2566
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7118

Exterior Features

  • Foundation Details: Block
  • Home Warranty YN: No
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking Spaces: 10
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: Lot 77,3149500
  • Zoning: Village 4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16553
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 965

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1
  • Waterview: River

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: MLS Property Information Network (MLS PIN)

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 --
Source: Public Records

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: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73465001

MLS Property Information Network (MLS PIN)

APN: PALM-000082-000000-000077

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