Endless potential in a prime location! This 1.45-acre lot zoned General Business on Route 20 just minutes from the Mass Pike, offers incredible visibility on a highly traveled road in Palmer, backing up to a small peaceful body of water. Previously used as an office, the existing building is in need of significant work—perfect for someone looking for a tear-down opportunity and a fresh start, or for the right buyer to bring it back to life. With GB zoning, the possibilities are wide-ranging—ideal for office, retail, or a variety of other business uses (buyer to verify specific use with the town). The lot meets minimum area, frontage, and depth requirements for GB zoning, giving flexibility for future development. Whether you’re searching for a high-traffic site for your next commercial venture or an investment property with potential upside, this parcel is worth a closer look.
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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