Property profile

1428-1434 Main St Palmer, MA 01069

FOR SALE
Retail space
Property ID
US38-Q003335
Built 1900
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Property summary

AI-generated overview

This is your chance to a own a piece of downtown Palmer, MA!! There's so much opportunity in this growing downtown area! Located at the intersection of Routes 20 & 32 South and also within 2 miles from the MA Pike makes this a great central location! This mixed use building offers four retail street front spaces. The second floor features 12-13 offices with an open foyer and stunning woodwork throughout, creating a pleasant & professional work environment for any business. The building also features 2 updated studio apartments in the rear of the building on the first floor and lower walk out level. The lower level offers large storage areas, some heated & a walk out double doors to a loading dock. Both Rubber roofs have been redone & most windows throughout have been replaced. bikeScore: 44, Somewhat Bikeable walkScore: 60, Somewhat Walkable

Property profile

Verified
Property type Retail space
Year built 1900
UPID US38-Q003335

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1428-1434 Main St Palmer, MA 01069
Palmer metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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