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$124,900 Just Listed
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Property Description
DOWNTOWN PALMYRA MIXED-USE INVESTMENT OPPORTUNITY! Add character and income potential to your real estate portfolio with this historic downtown commercial building, zoned Commercial 1-2. The main-level storefront features an established, long-term vending business tenant, while the spacious second-floor apartment offers an additional income opportunity with a month-to-month tenant in place. Whether you're launching your investment journey or expanding an established portfolio, this property offers two distinct rental spaces in one classic downtown location. Invest in the potential, appreciate the historic architecture, and become part of the enduring charm of Palmyra, Wisconsin!
Full Property Details
Full Property Details for 117 W Main St
General
- Price: $124,900
- Taxes: $1,207 (2025)
- Status: Active
- Type: Retail
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1984493
- Updated: Today (10/12/2026)
- Added to Site: Today
Additional Information
- Other Features: Other
Location
- Municipality: Village
- County: Jefferson
- Driving Directions: From Waukesha Wi; Hwy 59 (W) through Genesee Depot Through Eagle to Palmyra where Hwy 59 becomes Main St. Property is next to Main Street Cafe.
- Dist. to Freeway: Less than 1 Mile
- Location Details: Business District
Heating & Cooling
- Heating/Cooling: Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Other, Retail
- Exterior Const.: Stone
- Basement Desc.: Crawl Space, Partial
- Roof: Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 2,000
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.05
- Frontage: State Road, Town/City Road
- Zoning: Commercial 1-2
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $1,207.66
- Tax Year: 2025
Listed by Keller Williams Realty-Lake Country
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Schools
Schools serving 117 W Main St
School District:Palmyra-Eagle Area School District
| Name | Grades | Distance |
|---|---|---|
Eagle Elementary School, Eagle, WI 810 East Main Street, Eagle, WI 53119 | PK-6 | 6.2 mi |
Palmyra-Eagle Middle School 123 Burr Oak Street, Palmyra, WI 53156 | 7-8 | 0.5 mi |
Palmyra-Eagle High School 123 Burr Oak Street, Palmyra, WI 53156 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 117 W Main St
Date
Details
Price
Change
Source
10/12/2026
Listed
$124,900
177.56%
MLS
12/04/2020
Sold
$45,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 117 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,280
25%
$71,200
—
2024
$1,022
-12%
$71,200
34%
2023
$1,156
9%
$53,300
—
2022
$1,058
-7%
$53,300
—
2021
$1,139
—
$53,300
—
2020
$1,136
27%
$53,300
—
2019
$893
-6%
$53,300
—
2018
$950
-6%
$53,300
—
2017
$1,012
-6%
$53,300
-5%
2016
$1,071
19%
$56,400
8%
2015
$902
4%
$52,100
—
2014
$867
1%
$52,100
—
2013
$856
—
$52,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 117 W Main St
117 W Main St, Palmyra, WI 53156 (MLS# 1984493) is a Retail property. 117 W Main St is currently listed for $124,900 and was received on October 12, 2026. Want to learn more about 117 W Main St? Do you have questions about finding other Retail real estate for sale in Palmyra? You can browse all Palmyra real estate or contact a Coldwell Banker agent to request more information.

