$700,000

405 Shearer St Palmer, MA 01069

1.1 acres
Land

Property details

About 405 Shearer St

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.

Highlights

Home typeBusiness
StatusActive
Lot size1.13 Acres
MLS #73294684

Summary

  • MLS Number: 73294684
  • MLS Name: MLS Property Information Network
  • Office Name: RE/MAX Connections
  • Office Phone: (413) 596-8500
  • Listing Agent: Brenda Binczewski

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$700,000

405 Shearer St

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Price information

Property sales

DateEventPrice
Nov 10, 2022
Home Sold
$500,000
Nov 10, 2022
Home Sold
$500,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Old Mill Pond

Public District PK-5

1.2 mi

4107 Main St

4

Granite Valley School

Public District 1-6

4.1 mi

21 Thompson St

6

Warren Elementary School

Public District PK-6

5.4 mi

51 School House Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,436. Typical income of Palmer, MA residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

45%
<35k
40%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
14%
Single, with Kids
20%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • College FootballCollege Football

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 405 Shearer St

This home is located at 405 Shearer St in Palmer, MA and zip code 01069. Features: 0 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $700,000.

Palmer, MA housing market in March 2025 saw over 6 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. The inventory of homes for sale in Palmer, MA between February and March 2025 decreased by 3.7%. Listings spent 59 days on the market in March 2025, and had a median list price of $339,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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