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Downtown Mixed-Use Building
New
For Sale
$124,900

117 W Main Street, Palmyra, WI 53156

Commercial 1-2 zoning accommodates a street-level storefront and an upper-floor apartment.

Property Size2,000 SF
Price / SF$62.45
Days on Market4

Property Features for 117 W Main Street

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial
Zoning Commercial 1-2

Additional Details

Mixed-Use Components retail, residential
Multifamily Units 1
Tenant in Place Yes

Building Details

Building Size 2,000 SF
Year Built 1890
Buildings 1
Tenancy Multi
Listing Agency: Keller Williams Realty-Lake Country
Listed By: Sigg Realty Group*
Source: Coactionrealestate
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 5:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Lake Country

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Investment Insights

Based on property information with market context.

This 2,000-square-foot mixed-use building, constructed in 1890, combines a ground-floor storefront with a second-floor apartment. The storefront is occupied by a long-standing vending business, while the apartment has a month-to-month tenant.

The property is at 117 W Main Street in downtown Palmyra, Wisconsin, and is zoned Commercial 1-2. Its two distinct rental areas bring commercial and residential space together in one building.

Key Highlights

  • 2,000‑square‑foot mixed‑use building built in 1890
  • Ground‑floor storefront occupied by a long‑term vending business
  • Second‑floor apartment with a month‑to‑month tenant

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Home Improvements & Furnishings 15%
BP Shops & Services
6,419 visits/mo 0.1 miles
Dollar General Shops & Services
3,702 visits/mo 0.1 miles
Mobil Shops & Services
2,485 visits/mo 0.0 miles
Palmyra True Value Home Improvements & Furnishings
2,209 visits/mo 0.1 miles

Demographics for 53156, WI

2,972
Population
1,492
Households
2
Avg Household Size
44
Median Age
23%
College-Educated
93%
High-School Grad
30.8 sq mi
ZIP Area
96
Density / Sq Mi
$83,413
Median Household Income
$46,223
Median Earnings
$768
Median Rent
$235,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial 1-2 zoning accommodates a street-level storefront and an upper-floor apartment.
Where is this mixed-use property located?
The property is located at 117 W Main Street Palmyra, WI.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 2,000‑square‑foot mixed‑use building built in 1890; Ground‑floor storefront occupied by a long‑term vending business; Second‑floor apartment with a month‑to‑month tenant
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