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1417 Park St

Palmer, MA 01069
  • $700,000
  • STATUS: Active
  • MLS #: 73364095
UPDATED: 38 min ago
$700,000
  • 0
    BEDS
  • 1.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,775
    SQFT
  • $394
    $/SQFT
Type:
Commercial
Built:
1978
County:

School Ratings & Info

Listing courtesy of Indra Harris of NextHome Elite Realty.

Description

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.

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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. Data last updated 2025-07-12T08:04:58.423.
www.maloneypropertiesrealestate.com/homes/162918296
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1417 Park St Palmer, MA 01069

  • Price: $700,000
  • Status: Active
  • On Site: Days
  • Updated: 38 min ago
  • MLS #: 73364095
0
Beds
0
Baths
0
½ Baths
1.54
Acres
1,775
SQFT
$394
$/SQFT
1978
Built
County:
Hampden
Property Description
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.
Exterior Features

Parking Total 20 Waterfront YN No

Interior Features

Building Area Total 1775

Property Features

Association YN No Business Type Commercial Gross Income 117000 Home Warranty YN No Operating Expense 25300 Senior Community YN No Tax Annual Amount 3110 Tax Year 2024 Utilities Public WaterSee Remarks Zoning GB

Listing information © 2025 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Indra Harris of NextHome Elite Realty: 413-391-1969.


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. Data last updated 2025-07-12T08:04:58.423.
 
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Maloney Properties Real Estate Brokerage
27 Mica Lane 3rd Floor
Wellesley MA, 02481
Listing courtesy of Indra Harris of NextHome Elite Realty.