For Sale
Call for price

4023 Main StPalmer, MA 01069

Prime Palmer location, 12-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional redevelopment opportunity presents a unique chance to transform a substantial property in Palmer, Massachusetts. Situated at 4023 Main Street, this 20,000 square foot building sits on a sizable 0.84-acre lot, zoned VC4, offering significant flexibility for various development projects. The property is currently classified as a Class C multifamily building, previously operating as a 12-unit apartment building. The seller has already initiated interior demolition and preliminary engineering work, laying the groundwork for a potential conversion into 18 residential units (apartments or condos), or alternatively, into office space. The existing structure provides a solid foundation for a comprehensive renovation or a complete rebuild, aligning with the permitted zoning regulations. This presents a compelling investment prospect for developers seeking a project with significant upside potential. The seller is willing to provide assistance with securing financing, making this an even more attractive proposition for qualified buyers. The property's location in Palmer, Hampden County, offers convenient access to local amenities and transportation networks. This is a rare chance to acquire a substantial property in a desirable location with significant development potential. Detailed plans and engineering reports are available upon request. Serious inquiries only.

Highlights

  • Exceptional redevelopment opportunity: 20,000 sq ft building on a 0.84-acre lot in Palmer, MA.
  • VC4 zoning allows for flexible development, including residential (up to 18 units) or office conversion.
  • Existing structure offers solid foundation for renovation or rebuild; interior demolition and preliminary engineering already completed.
  • Seller financing assistance available; strong upside potential for developers.
  • Convenient Palmer, Hampden County location with access to amenities and transportation.

Property Details for 4023 Main St

Property type
Office properties, Apartment buildings
Square Feet
20,000 SF
Class
C
Lot Size (sq. ft)
36,590 SF
Units
12

Location Insight

City
Palmer
County
Hampden
State
Massachusetts
Latitude
42.190031731924
Longitude
-72.334623288436
4023 Main St, Palmer, Massachusetts

FAQs

What type of property is this?
Office property - Prime Palmer location, 12-unit potential.
Where is the office property located?
The property is located at 4023 Main St Palmer, MA.
What are key features of this property?
This property features: Exceptional redevelopment opportunity: 20,000 sq ft building on a 0.84-acre lot in Palmer, MA.; VC4 zoning allows for flexible development, including residential (up to 18 units) or office conversion.; Existing structure offers solid foundation for renovation or rebuild; interior demolition and preliminary engineering already completed.
How can I contact the broker?
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4023 Main St
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