Palmyra, WI 53156,227 S 3rd STREET
Palmyra, WI 53156,227 S 3rd STREET
Palmyra, WI 53156,227 S 3rd STREET
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Listed by SIGG Realty Group* • Keller Williams Realty-Lake Country
$465,900
Est. payment /mo
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5,482 SqFt
Active

227 S 3rd STREET Palmyra, WI 53156

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3501 or more,5001 or more,2501 or more

Square Footage 5,482 sqft

Price per Sqft $84

Municipality PALMYRA

MLS Listing ID 1917465

Year Built 1857

Building Age 21+ Years

Annual Tax Amount $7,303

Tax Year 2024

Lot Size 0.550 Acres

Acres 0.55

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

Direction Hwy 59 to 3rd St ''South'' to property. No sign posted.

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

Garage Spaces 20.0

Parking On Site 20

Roof Type Composition/Fiberglass,Metal

Total Parking Spaces 20

Building

Dwelling Type Free Standing

Sewer Municipal Sewer, Municipal Water

Structure Type Brick,Brick/Stone,Wood

New Construction N


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agent

O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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227 S 3rd STREET