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Commercial > Hospitality
Active
04/24/2025
List Price
$700,000$394/ft²

1417 Park St
Palmer, MA 01069

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  • Malobo BannerMalobo Banner Square
    1417 Park St, Palmer, MA 01069 is a 5 bed, 5 bath, 1,775 ft² commercial hospitality property property built in 1978 on a 1.540 acre lot. This commercial hospitality property is currently on the market for $700,000, and it was last sold in 2021 for $180,000.

    MLS Description

    The listing agent's description. Original Listing

    Attention investors looking for a lucrative property with enormous potential for growth. Look no further, this well-established motel offers the perfect balance of cash flow and great upside, fully occupied generates an income of approximately $117,000/year. One of the standout features of this property is its untapped potential. The expansive lot, 1.54 acres, offers ample space for future development, outdoor amenities or expanded landscaping. Currently 7 active rooms with 2 unfinished rooms, that have already been approved by the town and could add an extra $36,400 in yearly income. Don't miss this rare and lucrative opportunity.

    Listing Agents

    The listing agent for 1417 Park St is Indra Harris.

    Current Ownership

    Information about the current owner(s).

    Property History

    1417 Park St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in 01069.

    Market Trends

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    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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