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    OFF-MARKET
    Office buildings

    1010 Thorndike St, Palmer, MA 01069-1505

    3,982 SF 0.2 ac lot Built 1960
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-0366238
    Property summary
    AI-generated overview

    This meticulously remodeled and maintained commercial building in Palmer, MA, presents a unique investment opportunity. Located in the heart of Palmer's revitalized downtown, this property boasts convenient access to major highways, including the MA Pike (I-90) and Route 20, ensuring easy commutes to Worcester, Boston, and Springfield. The building's prime location benefits from Palmer's growing population, attracting new residents from the Boston and Worcester areas. Its versatile layout is suitable for a wide range of businesses, including medical practices, law offices, showrooms, and professional offices. The property features ample off-street parking, a convenient receiving dock, and exterior basement access. The exterior showcases excellent curb appeal, highlighted by the American Legion Post 130 Walk of Honor. Security features include a comprehensive security system, cameras, and key fob entry. Inside, the building impresses with high ceilings, abundant natural light from numerous windows, creating a bright and productive workspace. The building's exceptional condition reflects the meticulous care taken in its maintenance and remodeling. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a rapidly developing town. The property sits on a 0.2-acre lot and is listed at $985,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1960
    Construction FRAME
    Total area 3,982 SF
    Lot 0.2 ac (8,712 SF)
    Zoning code VC1
    APN PALM M:57 B:70
    UPID US38-0366238
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Fire Service Group General Contractor Security Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Demon Deacon Realty LLC · 1 yrs held
    Demon Deacon Realty LLC
    since 2025
    2 recorded transactions
    2025
    $910,000
    2015
    $225,000
    Zoning & alternative use
    VC1 · Palmer, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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