227 3Rd StPalmyra, WI 53156

For Sale
$485,900

Profitable Supper Club w/ Apartments

Overview

Added:
Feb 3
Days on market:
39
This exceptional Palmyra, WI property offers a unique investment opportunity combining a thriving supper club with substantial rental income. The 5,482 square foot main building houses a fully operational supper club featuring a full liquor license, an expansive bar, and a fully equipped kitchen, ready to continue its successful operation. Above the restaurant are six charming one-bedroom, one-bathroom apartments, providing additional revenue streams and potential staff housing. The property sits on a 0.55-acre lot and includes two large outbuildings, offering ample storage space for inventory, equipment, or future expansion projects. This turnkey operation is ideally positioned to capitalize on the existing strong customer base and the potential for further growth within the Palmyra community. The property is priced at $485,900 and presents a rare chance to acquire a well-established business with significant upside potential. The combination of a successful restaurant and rental income makes this a compelling investment for those seeking a diversified portfolio. The existing infrastructure and established clientele provide a solid foundation for continued success and potential expansion. The ample storage space in the outbuildings offers flexibility for various business needs, allowing for growth and adaptation to changing market demands. This is a truly unique opportunity to own a cornerstone business in a thriving community. The property's location in Palmyra, WI, offers easy access to local amenities and a strong local customer base. The combination of the supper club and rental units provides a diversified income stream, mitigating risk and enhancing the overall return on investment.

Property Details for 227 3Rd St

Property type
Other commercial real estate
Square Feet
5,482 SF
Year Built
1857
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Palmyra
County
JEFFERSON
State
Wisconsin
Latitude
42.87606
Longitude
-88.58506
227 3Rd St, Palmyra, Wisconsin

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227 3Rd St
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