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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/moAttention 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
- County
- Hampden County
- Elevation
- 351 feet
Property details
- Acreage
- 1.54 acres
- Source
- NEXTHOME
- Posted
Parcels
- 2_95
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Realty World
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 9, 2025 | Relisted | $700,000 | — | NEXTHOME |
| Sept 6, 2025 | Listing removed | $700,000 | — | Listing agent |
| Apr 24, 2025 | New listing | $700,000 | — | NEXTHOME |
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