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$194,900

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 5 Total Beds
  • 0.38 Acres
  • 1 Car Garage
  • Updated 7 days ago

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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.

Full Property Details for 54 Commercial St

General

  • Price: $194,900
  • Taxes: $965 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73465001
  • Updated: 7/4/2026
  • Added to Site: 188 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 1

Location

  • County: Hampden

Structural Information

  • Basement: Yes
  • Stories/Levels: 3
  • Square Feet: 2,566
  • Year Built: 1944

Lot Features

  • Lot Size (Acres): 0.38

Financial Considerations

  • Tax Amount: $965
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Roof recently patched, yet may need further work
  • Property ID: Lot 77, 3149500

Listed by Fine Properties, Inc., Justine Snyder

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Listing agent

— 54 Commercial St —

  • Justine Snyder

    Fine Properties, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 54 Commercial St

School District:Palmer School District
NameGradesDistance
Old Mill Pond
4107 Main Street, Palmer, MA 01069
PK-50.6 mi
Palmer High School
4105 Main Street, Palmer, MA 01069
6-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 54 Commercial St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/04/2026
Listed
$194,900
129.29%
MLS
6/25/2025
Sold
$85,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 54 Commercial St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$965
6%
$52,800
10%
2024
$911
-12%
$48,000
-8%
2023
$1,041
-4%
$51,900
7%
2022
$1,081
3%
$48,600
9%
2021
$1,053
-1%
$44,600
—
2020
$1,060
—
$44,600
—
2019
$1,061
-12%
$44,600
-12%
2018
$1,201
3%
$50,900
—
2017
$1,171
-10%
$50,900
-13%
2016
$1,307
3%
$58,600
—
2015
$1,268
7%
$58,600
—
2014
$1,187
—
$58,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Fine Properties, Inc., Justine Snyder

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54 Commercial St, Palmer, MA 01069 (MLS# 73465001) is a Multi-Family property with 3 units containing 5 bedrooms, 3 full bathrooms and 2 partial bathrooms. 54 Commercial St is currently listed for $194,900 and was received on January 04, 2026. Want to learn more about 54 Commercial St? Do you have questions about finding other Multi-Family real estate for sale in Palmer? You can browse all Palmer real estate or contact a Coldwell Banker agent to request more information.

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