1010 Park St, Palmer, MA 01069-1712
This exceptional 3,395 square foot commercial property, located at 1010 Park Street in Palmer, Massachusetts, presents a unique investment opportunity. The building, classified as Class B, is situated on a sizable 0.8-acre lot and boasts prominent visibility directly on Route 32, ensuring high traffic exposure. Previously used as a bank, this single-tenant building offers a versatile layout suitable for a variety of office uses, including traditional office space and medical practices. The property features a convenient drive-thru, a significant advantage for businesses requiring this functionality. Ample parking is provided with 24 dedicated spaces, ensuring convenient access for employees and clients. The building's location in the heart of Palmer, MA, zip code 01069, offers easy access to local amenities and a strong local market. The property type is listed as Retail and Office, reflecting its adaptability to diverse business needs. This is a rare opportunity to acquire a well-positioned commercial building in a thriving Massachusetts community. The building's size and features make it ideal for a business seeking a substantial and visible presence in the Palmer area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TR · Palmer, MAPalmer. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.