Perfect for investors or savvy buyers, this highly visible 1.13-acre parcel offers exceptional frontage—approximately 580 +/- feet—on both Thorndike Street (Route 32) and Shearer Street, with seamless access to Route 181 and the MA Pike. Zoned for Highway Business, the lot presents a wide range of development possibilities (see attached documents for permitted, special permit, and site plan approval uses). In 2023, the site was approved for an Adult Use Cannabis Establishment, and owners are willing to share conceptual drawings and site plans upon request. A land lease may also be considered. Buyers should perform their own due diligence with the Town of Palmer regarding permits and approvals.
This home has been viewed 29 times
Last Checked: July 6th, 2025 at 4:45am (Source: MLS PIN #73398744)
General Information for 405 Shearer St, Palmer MA 01069
Listing ID73398744
Price$700,000
Land TypeCommercial
Approx AcresApprox. 1.13 acres (49,222 SqFt)
Number of Lots1
Approximate Street Frontage
Road Frontage Type
ZoningHB
ElectricAt Street
GasAt Street
WaterPublic
SewerPublic Sewer
Cultivation AcresNone
Pasture AcresNone
Timber AcresNone
PERC TestN
PERC Test DateUnknown
AssociationNo
Association Required
Association Fee$0
Lot FeaturesLot Staked, Level, Corner Lot, Cleared, Fill Needed
WaterfrontNo
Waterfront Features
View
Disclosures for 405 Shearer St, Palmer MA 01069
DEQE/DEP#
Senior CommunityNo
Disclosures
Special Listing Conditions
For Sale By OwnerNo
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Financial Information for 405 Shearer St, Palmer MA 01069
AssociationNo
Association Fee$0
Tax$2,599
Tax Year2024
Assessed Value$139,200
Contact Information for 405 Shearer St, Palmer MA 01069