227 S 3rd STREET new Save Request In-Person Tour Request Virtual Tour
Palmyra,WI 53156
Key Details
Property Type Commercial
Sub Type Other,Restaurant/Supper Club,Tavern/Bar
Listing Status Active
Purchase Type For Sale
Square Footage 5,482 sqft
Price per Sqft $84
MLS Listing ID 1917465
Year Built 1857
Annual Tax Amount $7,303
Tax Year 2024
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Other,Restaurant/Supper Club,Tavern/Bar
Property Description
Built in 1857 this character filled mixed-use building is a rare investment opportunity located conveniently between Waukesha & Madison.Featuring 6 fully rented upper apartments remodeled in 1999 this property offers consistent rental income with long-term tenants in place. Each unit is equipped with in-unit A/C and natural gas heat.The expansive lower level is currently home to a charming Supper Club, showcasing the building's commercial potential. Zoned for Mixed Use this space could be reimagined as a retail storefront, professional offices, additional apartments, or even a daycare facility. Bring your vision to life in this versatile space.While this downtown gem is not historically registered it retains all the charm.Don't miss the chance to own a piece of Palmyra history!
Location
State WI
County Jefferson
Zoning Mixed Use
Rooms
Basement Block,Brick,Full
Interior
Heating Natural Gas
Cooling Central Air
Inclusions Equipment and furniture at the location that is used for daily restaurant operations, production and food/beverage service.
Exterior
Exterior Feature Brick,Brick/Stone,Wood
Garage Spaces 20.0
Parking On Site 20
Roof Type Composition/Fiberglass,Metal
Building
Dwelling Type Free Standing
Sewer Municipal Sewer,Municipal Water
New Construction N