Built in 1857, this character-filled building presents a rare investment opportunity in the heart of downtown Palmyra. With its rich history and small-town charm, this property offers endless possibilities--whether you envision keeping the tavern's welcoming atmosphere or transforming it into a fresh, modern destination. Conveniently located between Blue Spring Lake and Spring Lake, on the horse trails for those who travel on four legs and snowmobile trails for those who prefer two skis. It is an ideal gathering spot for locals and visitors alike. The upper level boasts 6 fully rented 1-BR studio apts, providing immediate rental income. Zoned for mixed use and currently holding a liquor license, this property is ready for its next chapter. Seller may entertain a lease but prefers to sell.
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Palmyra is located in Wisconsin. Palmyra, Wisconsin has a population of 2,018. Palmyra is less family-centric than the surrounding county with 28.19% of the households containing married families with children. The county average for households married with children is 28.75%.
The median household income in Palmyra, Wisconsin is $66,500. The median household income for the surrounding county is $71,735 compared to the national median of $69,021. The median age of people living in Palmyra is 38.1 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 10.5 degrees. The average rainfall is approximately 35.8 inches per year, with 41.5 inches of snow per year.