405 Shearer St, Palmer, MA 01069
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$700,000
1.13 Acre
Commercial
1 Lot
Zoning: N/A
HOA: N/A

Property Description

Investors or astute buyers, an incredible opportunity awaits. This commercial property boasts a prime location with high visibility, zoned for highway business and offering quick access to the MA Pike and major routes. It features approximately 580 +/- feet of frontage on both Thorndike Street (Route 32) and Shearer Street (leading to Route 181). The development potential for this 1.13-acre lot is vast. (Refer to documents for a list of permitted uses, special permit uses, and uses allowed by site plan approvals). In 2023, the property received approval for an Adult Use Cannabis Establishment. The owners are willing to share site plans and conceptual drawings and are open to discussing a land lease. Buyers are encouraged to conduct thorough due diligence with the town of Palmer, including obtaining necessary approvals and permits.

Property Details tap to expand

Land Information

  • Land Description: Cleared|Corner|Fill Needed|Level
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, Walk/Jog Trails
  • Improvements: Lot Staked, Rough Graded
  • Road Type: Paved, Public, Publicly Maint., State Road

Utilities

  • Water: Community Well, Public
  • Sewer: Inspection Required for Sale, Public
  • Electric Info: 220 Volts, At Street
  • Gas: At Street

Other Information

  • Last Updated: 04/07/25
  • Documents on File: Aerial Photo, Association Financial Statements, Building Permit, Drawings, Feasibility Study, Floor Plans, Investment Analysis, Land Survey, Legal Description, Limited Information, Master Deed, Other (See Remarks), Site Plan
  • PERC Test: No
  • HOA: No
  • Reqd Own Association: Unknown

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/07/2025Active$700,000MLSPIN
04/03/2025Back on Market$700,000MLSPIN
02/06/2025Under Agreement$700,000MLSPIN
01/03/2025Active$700,000MLSPIN
12/30/2024Extended$700,000MLSPIN
12/15/2024Active$700,000MLSPIN
12/11/2024Price Change$700,000MLSPIN
09/29/2024Active$725,000MLSPIN
09/25/2024New$725,000MLSPIN
09/23/2024Expired$725,000MLSPIN
08/05/2024Active$725,000MLSPIN
08/01/2024Price Change$725,000MLSPIN
06/29/2024Active$799,990MLSPIN
06/25/2024New$799,990MLSPIN
06/22/2024Expired$800,000MLSPIN
03/25/2024Active$800,000MLSPIN
03/21/2024New$800,000MLSPIN

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Seller's Representative: Brenda Binczewski, RE/MAX Connections
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-07 03:05:00