Opportunity awaits with this 1.45-acre parcel zoned General Business on Route 20 in Palmer! Backing up to a small body of water and offering great road frontage on well-traveled street Route 20 just minutes from the Mass Pike exit, this property delivers both convenience and a natural setting. The existing structure was previously used as an office and is in need of repair—could be ideal for a tear-down to start fresh or for a buyer ready to take on a full renovation project. While currently zoned General Business, this lot offers plenty of potential such as retail, offices, and a variety of other businesses, or could be for those looking to create a unique residential retreat or explore development options (buyer to confirm allowable uses with the town). With its size, visibility, and location, this land could be the perfect foundation for your next project.
1415 Park St, Palmer, MA, 01069
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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