Financial
Distress signals
Property profile

1519 Main St Palmer, MA 01069

OFF-MARKET
Turn key restaurants
Property ID
US38-1832042
3,034 SF 0.55 ac lot Built 1961
Last sale Jan 2026 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail property, formerly a Friendly's restaurant, presents a unique opportunity for lease in the vibrant town of Palmer, Massachusetts. Located at 1519 N Main St, this single-tenant space boasts a generous 3,083 square feet of vacant commercial space, ready for immediate occupancy. The building sits on a sizable 0.551-acre lot, offering ample parking and visibility for your business. Its convenient location in Hampden County ensures easy access for customers and employees

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$805k
Assessed land$151k
Assessed improvement$653k
Effective rate1.87%

Value estimate

· Sep 2026
$760k
$684k – $836k
AI approach$760k
Sales comparison$727k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
County average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$44 – $249

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
The General Business Zone is intended to preserve and enhance older commercial areas that have a storefront character, The zone intends t...
General categoryCOMMERCIAL
JurisdictionPALMER

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.3
Dental Office8.6
Cafe & Coffee Shop8.4

Location

1519 Main St Palmer, MA 01069-1203
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1411 Main, Palmer, MA 01069-1570 $500,000 Jul 2024 1,569 SF
1472 Main, Palmer, MA 01069-1202 $4,769,613 May 2023 4,060 SF
1023 Central, Palmer, MA 01069-1771 $255,000 Mar 2022 4,005 SF
54 Commercial, Palmer, MA 01069 $40,700 Feb 2022 2,268 SF
1469 Main, Palmer, MA 01069-1226 $245,000 Aug 2021 1,740 SF
1239 Main, Palmer, MA 01069-1821 $50,500 Feb 2019 4,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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