300 W Main St
3,100 SF 72% Leased Retail Building Palmyra, WI 53156 $639,000 ($206.13/SF)
EXECUTIVE SUMMARY
Turn- key established restaurant/bar and separate 4 lane bowling alley waiting for an energetic entrepreneur to bring their vision to life. Restaurant/bar has seating capacity of 173 with updated kitchen in 2019. Charming bar area overlooking main street and soaring ceilings in the dining area. Potential outdoor space for a beer garden or rental opportunity. Income producing apartments on second floor which consists of a 3 BR, 2BR, and 1 BR currently rented. Liquor license included. Palmyra is in the heart of the Southern Kettle Moraine Forest.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,100 SF
Building Class
C
Year Built
1895
Price
$639,000
Price Per SF
$206.13
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.36 AC
Zoning
B-1
Frontage
203’ on N 3RD St
PROPERTY TAXES
| Parcel Number | 171-0516-2242-018 | Improvements Assessment | $469,300 |
| Land Assessment | $40,300 | Total Assessment | $509,600 |
