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    1417 Park St Palmer, MA 01069

    For Sale
    $700,000

    Commercial Sale, Other - Palmer, MA

    Property size:
    1,775 SF
    Lot size:
    1.54 Acres
    Days on Market:
    97
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 1417 Park St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    1,775 SF
    Lot size
    1.54 Acres

    Building Details

    Year built
    1978
    Architectural style
    Other

    NextHome, Inc

    Listing agent Indra Harris (413) 391-1969 License #9525795,PersonLicenseNumber

    Listing date Sep 8, 2025

    MLS# 73364095 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palmer Motel with Expansion Potential

    This well-established motel in Palmer, MA, presents a lucrative opportunity for investors seeking cash flow and growth potential. The property, situated on a 1.54-acre lot, offers space for future development, outdoor amenities, or expanded landscaping. Currently, there are 7 active rooms, with 2 unfinished rooms that have already been approved by the town. The property generates an income of approximately $117,000 per year. Completing the 2 unfinished rooms could add an estimated $36,400 in yearly income. The building has a size of 1775 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Wedgewood Motel

    Location Insight

    • Map
    • Local Demand
    City
    Palmer
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.3061303
    Latitude
    42.14812851

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    FAQs

    What type of property is this?
    Motel - Established motel on 1.54 acres with expansion possibilities.
    Where is this motel located?
    The property is located at 1417 Park St Palmer, MA.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Lucrative investment opportunity.; - Well-established motel generates approximately $117,000/year in income.; - Currently 7 active rooms.
    (413) 391-1969
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1417 Park St Palmer, MA 01069
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