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Improved Commercial Land for Sale in Palmer, Massachusetts

1417 Park St, Palmer, MA 01069

$700,000
1.54 acres
Active
Est $4,101/mo

Attention investors looking for a lucrative property with enormous potential for growth. Look no further, this well-established motel offers the perfect balance of cash flow and great upside, fully occupied generates an income of approximately $117,000/year. One of the standout features of this property is its untapped potential. The expansive lot, 1.54 acres, offers ample space for future development, outdoor amenities or expanded landscaping. Currently 7 active rooms with 2 unfinished rooms, that have already been approved by the town and could add an extra $36,400 in yearly income. Don't miss this rare and lucrative opportunity.

1,775
Sq feet
1978
Built

Location

Street address
1417 Park St
Elevation
351 feet
Coordinates
42.1481, -72.3061

Property details

Acreage
1.54 acres
Source
NEXTHOME
Posted

Parcels

  • 2_95

Details and features

Listing

Type
Commercial Sale
Franchise
Realty World

Listing history

DateEventPriceChangeSource
Sept 9, 2025Relisted$700,000NEXTHOME
Sept 6, 2025Listing removed$700,000Listing agent
Apr 24, 2025New listing$700,000NEXTHOME
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This 1.54-acre property is located at 1417 Park St in Palmer, MA 01069. The property is available for sale for $700,000. It has a 1,775 sq ft structure built in 1978.

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