Restaurant and Bar with Commercial
121 S Main Street, Palmyra, MO 63461
For Sale
$295,000
A second-floor area and basement add space beyond the main-level dining, bar, and kitchen areas.
Property SizeContact for details
Days on Market9
Property Features for 121 S Main Street
General Information
Standard status
Property subtype
Property Condition
Severity
Evidence
Restaurant
Commercial Hood
Equipment Included
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Listing Agency:
Ragar Realty
Listed By:
Wesley Tuley · License #2016209865
(573) 248-9006
Source:
360primerealtygroup
Added: Nov 1
Changed: Nov 7
Last Checked: Nov 8 at 7:46PM
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 Ragar Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The main floor is configured for restaurant and bar service, with a dining area, bar, and commercial kitchen. Included equipment comprises two commercial fryers, a 48' flattop, 24' char grill, six-top gas stove with oven, hood, fire suppression system, walk-in cooler and freezer, bar equipment, tables, chairs, fixtures, and additional equipment. New HVAC units were installed in 2026.
The building is on Main Street in downtown Palmyra. Its second floor needs renovation; potential future uses are subject to zoning and approvals. A small basement in good condition provides storage and utility space.
The building is on Main Street in downtown Palmyra. Its second floor needs renovation; potential future uses are subject to zoning and approvals. A small basement in good condition provides storage and utility space.
Key Highlights
- Main‑level restaurant and bar layout with commercial kitchen
- Kitchen equipment includes two fryers, a 48' flattop, 24' char grill, and six‑top gas stove with oven
- Hood, fire suppression system, walk‑in cooler and freezer, bar equipment, tables, chairs, and fixtures included
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63461, MO
5,942
Population
2,458
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
155.2 sq mi
ZIP Area
38
Density / Sq Mi
$68,633
Median Household Income
$39,464
Median Earnings
$808
Median Rent
$176,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A second-floor area and basement add space beyond the main-level dining, bar, and kitchen areas.
Where is this conventional restaurant located?
The property is located at 121 S Main Street Palmyra, MO.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Main‑level restaurant and bar layout with commercial kitchen; Kitchen equipment includes two fryers, a 48' flattop, 24' char grill, and six‑top gas stove with oven; Hood, fire suppression system, walk‑in cooler and freezer, bar equipment, tables, chairs, and fixtures included
