Unique Downtown Palmyra Property! This location and lot offers any investor/builder loads of income potential. The goal is to convert this into an amazing spot for everyone to come and enjoy! This property is currently zoned residential. We have gone in front of Planning and Zoning to start the process in changing to commercial. The front half along Main St can easily be zoned commercial, the back half needs to have a conceptual design approved by Planning and Zoning prior to changing to commercial. Envision a shopping center with boutiques, restaurant, movie theater, etc. This listing includes an additional lot 115 E Elm. This lot has a small house that is being sold as-is, with the thought it would torn down to make way for a great shopping space. The options are endless, schedule a showing and come take a look.
Versatile Commercial Property Just Outside Palmyra. Check out this 2,520 sq ft building operating as a long time established and successful restaurant and bar, this property offers a wealth of opportunity for entrepreneurs, investors, or even those seeking to convert it into a spacious private residence. Previously utilized as a daycare, the building’s flexible layout makes it ideal for a variety of business concepts, from food and beverage to office space, retail, or service-based businesses. With 3 restrooms, a full kitchen, a laundry room, storage areas, and dedicated office space. Yard space and large back deck are awaiting opportunities. New siding and roof for peace of mind and curb appeal. Ground source heating and cooling for energy efficiency. Wired for an alarm system and equipped with fire protection and some sprinklers. Ample parking and easy access. Don’t miss your chance to own a truly adaptable and well-located building with so much potential. Location: Other, Rural

Palmyra is located in Missouri. Palmyra, Missouri has a population of 3,620. Palmyra is less family-centric than the surrounding county with 27.3% of the households containing married families with children. The county average for households married with children is 29.43%.
The median household income in Palmyra, Missouri is $55,257. The median household income for the surrounding county is $56,213 compared to the national median of $69,021. The median age of people living in Palmyra is 36.1 years.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 38.8 inches per year, with 12.3 inches of snow per year.