$639,000
$111K PRICE DROP

300 W Main Palmyra, WI 53156

Estimated payment $4,030/month

Total Views 3,867
-- Bed
-- Bath
11,319 Sq Ft
$56 Price per Sq Ft

Highlights

  • Display Windows
  • Handicap Accessible
  • Central Air
  • Storage

About This Home

Located downtown Palmyra you'll find this Turnkey established Restaurant/Bar and separate 4 lane bowling alley waiting for an energetic entrepreneur to bring their vision to life. Restaurant/Bar has a seating capacity of 173 with an updated kitchen in 2019. Charming bar area overlooking main street and soaring ceilings in the dining area. Potential outdoor space for a beer garden and additional space to expand the bar area or rental opportunity. Income producing apartments on the second floor which consist of a 3 Bd, 2 Bd and 1Bd currently rented. Liquor license included. Palmyra is in the heart of the Southern unit of Kettle Moraine Forest offering hiking, mountain biking and equestrian trails. Minutes from Blue Spring Lake and steps to Lower Spring Lake.

Listing Agent

Jerry Kroupa

@properties License #41864-90 Listed on: 03/26/2024

@properties

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,661

Lot Details

  • 0.4 Acre Lot
  • Sprinkler System

Parking

  • 20 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 11,319 Sq Ft Home
  • Display Windows
  • Storage
  • Basement Fills Entire Space Under The House

Additional Features

  • Handicap Accessible
  • Central Air

Community Details

  • Office

Listing and Financial Details

  • Exclusions: Green Bay Packer jerseys on wall in restaurant. Gone with the Wind picture and Americas Brewer picture in restaurant.
  • Assessor Parcel Number 17105162242018

Property Details

Property Type

Other

Est. Annual Taxes

$7,661

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.4
  • Road Frontage Type: Town/City Road, High Visibility, Paved Road
  • Inclusions: All restaurant and bar equipment and furniture. All bowling alley equipment.
  • Directions: Main St Palmyra
  • Special Features: None

Interior Features

  • Has Basement: Full
  • ResoLivingAreaSource: Other

Exterior Features

  • Exclusions: Green Bay Packer jerseys on wall in restaurant. Gone with the Wind picture and Americas Brewer picture in restaurant.
  • Construction Type: Brick, Wood, Vinyl, Partial-Stone
  • Roof: Rubber, Composition

Garage/Parking

  • Total Parking Spaces: 20

Utilities

  • Green Building Features: Sprinkler System, Pole Sign, Fixtures, Furniture, Display Window, License Included, Rest Rooms, Inside Storage, Living Space Avail, Handicap Equipped, Office(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 17424
  • Parcel #: 17105162242018

Tax Info

  • Tax Annual Amount: 7661
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,661 $509,600 $40,300 $469,300
2023 $7,655 $339,600 $33,100 $306,500
2022 $7,015 $339,600 $33,100 $306,500
2021 $7,581 $339,600 $33,100 $306,500
2020 $7,613 $339,600 $33,100 $306,500
2019 $7,311 $339,600 $33,100 $306,500
2018 $7,651 $339,600 $33,100 $306,500
2017 $7,671 $339,600 $33,100 $306,500
2016 $8,096 $359,900 $33,100 $326,800
2015 $7,110 $342,300 $36,100 $306,200
2014 $6,962 $342,300 $36,100 $306,200
2013 $6,846 $342,300 $36,100 $306,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Price Changed $639,000 -8.1% $56 / Sq Ft
06/21/2024 06/21/24 Price Changed $695,000 -7.3% $61 / Sq Ft
03/26/2024 03/26/24 For Sale $749,700 -- $66 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 None Available
Warranty Deed $195,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,000 New Conventional
Previous Owner $98,000 Unknown
Previous Owner $310,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $215,000 Commercial
Source: Public Records

Source: Metro MLS

MLS Number: 1869036

Metro MLS

APN: 171-0516-2242-018

Wisconsin Jefferson County Palmyra 53156

300 W Main, Palmyra, WI

This home is located at 300 W Main, Palmyra, WI 53156 and is currently priced at $639,000, approximately $56 per square foot. 300 W Main is a home located in Jefferson County with nearby schools including Palmyra-Eagle High School.

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IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

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Jerry Kroupa
Listing Agent
Jerry Kroupa
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@properties
(262) 588-3565