Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ial zones. [Amended 5-14-2001 ATM by Art. 29] The full names and abbreviations of the residential zones are listed below. Full Name Abbreviation Rural Residential/Agricultural RR Suburban Residential SR Town Residential…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
TR · Palmer, MAial zones. [Amended 5-14-2001 ATM by Art. 29] The full names and abbreviations of the residential zones are listed below. Full Name Abbreviation Rural Residential/Agricultural RR Suburban Residential SR Town Residential…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ial zones. [Amended 5-14-2001 ATM by Art. 29] The full names and abbreviations of the residential zones are listed below. Full Name Abbreviation Rural Residential/Agricultural RR Suburban Residential SR Town Residential…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TR in Palmer, MA.
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