405 Shearer, Palmer, MA 01069

$800,000

0 beds 0 baths —8 days on marketActive

About this home

Investors take notice. Beautiful cleared-out group of 3 lots located in the heart of Palmer with frontage on both Shearer St and Thorndike St. The property was approved for Adult Use Cannabis in 2023. See attachments for the conceptual plan, site plan, permit. If that’s not your cup of tea, plenty of other opportunities await! See attached use chart for other potential opportunites in HB zone. Bring your ideas and grab this site before it’s gone! Sellers would also be open to a land lease.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$6,884/mo

Real estate (PITI + HOA + PMI): $6,433
Utilities: $1,095
Transportation: $107
Other (entertainment): $143

Your monthly budget

Budget$7,384/mo

Remaining after TLC$500/mo

Purchase price

$800,000

Down payment

$40,000 (5%)

Loan amount

$760,000

APR

Quick facts

Type

Commercial

Style

—

Year built

—

Lot size

1.13 ac

Stories

Heating

—

Cooling

—

Water

Public

HOA

—

Annual tax

—

MLS #

73215299

County

Hampden

Home features

Community

Highway Access

Sewer

Public Sewer

Lot features

Level, Corner Lot, Cleared

Neighborhood — 01069

Metric	This ZIP	County	USA
Population	15,667	6,444,931	299,088,112
Population Change Since1990	7.00%	7.00%	20.00%
Population Density	501	786	—
Male	7,634	3,127,134	147,432,321
Female	8,033	3,317,797	151,655,844
Never Married	3,266	1,612,885	63,775,926
Married	6,593	2,586,314	123,120,365
Separated	389	247,857	12,639,686
Widowed	1,231	363,594	15,467,586
Divorced	1,255	436,888	23,075,029
Number Of House Hold	6,292	2,431,591	111,826,380
Average House Hold Size	2.46	2.56	2.60
Medial Age	38.55	37.25	35.46
Median House Hold Income	$47,325	$57,698	$48,276
Average House Hold Income	$49,801	$75,023	$63,629
P C I	$20,444	$29,196	$24,529
M D I	$40,523	$48,105	$41,133
A T H E	$43,593	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	75.26%	81.38%	77.74%

(Zip) Code

1069

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

See walkability, transit, and bike scores for 405 Shearer, Palmer, MA 01069 on walkscore.com →

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Listing information last refreshed 3/21/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.