Property photo 1
0 Beds
0 Baths

$295,000

121 S Main Street, Palmyra MO, 63461

Price per sqftN/A
Property typeCommercial
Courtesy of Ragar Realty, Wesley Tuley Listing Contact: 573-769-3200

Overview

Active

Listed Aug 31, 2026

Updated Sep 2

Formerly home to The Rebel Pig, this Main Street location offers an exceptional opportunity for an owner-operator, investor, or entrepreneur looking for a restaurant property with much of the costly infrastructure already in place. The main level features a functional restaurant and bar layout with commercial kitchen equipment including 2 commercial fryers , 48' flattop, 24' char grill and 6 top gas stove with oven , hood and fire suppression system, walk-in cooler and freezer, bar equipment, tables, chairs, fixtures, and additional equipment included with the sale. Major recent improvements include new HVAC units installed in 2026, eliminating a significant expense for the next owner. The property offers an inviting dining area, established bar space, commercial kitchen, and the infrastructure necessary to significantly reduce the time and expense associated with opening a restaurant from the ground up. A second floor provides substantial additional space and exciting redevelopment potential. While currently in need of renovation, the upper level could potentially be transformed into additional dining or event space, offices, apartments, short-term lodging, or other income-producing uses, subject to applicable zoning and approvals. A small basement is in good condition and provides useful additional storage and utility space. Located directly on Main Street in downtown Palmyra, the property benefits from excellent visibility and a recognizable location that has successfully served restaurant customers for years. Whether continuing its use as a restaurant and bar, creating a new dining concept, or exploring another commercial use, this property offers a unique combination of location, existing infrastructure, equipment, and future expansion potential that would be difficult and expensive to duplicate.

Additional information

MLS® ID
26055611

Interior Features

Bedrooms
0
Bathrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$1,192
Tax Frequency
Annually

Listings courtesy of MARIS MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Aimee Simpson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:26 AM UTC on 9/2/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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