About This Home

This 0-bedroom, 0-bathroom commercial at 121 S Main Street in Palmyra, MO is listed for $295,000. on a 0.09 acres lot.

Key Features

  • 0.10 acre lot

Amenities

A/C
Listing Description

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 commercia

l 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.

Monthly Cost Estimate

$1,578/mo

20% down · 6.5% · 30 years

Principal$213
Interest$1,278
Insurance$86

Estimates only. Actual payments may vary.

Location

121 S Main Street

Palmyra, MO 63461

Pal Orig Town

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 121 S Main Street is listed at $295,000. The estimated monthly payment is $1,578 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.10 acre lot.

This property is listed by Wesley Tuley and can be reached at 5732489006.

WT

Wesley Tuley

Agent at Ragar Realty

(573) 248-9006
Agent website

Listed by Ragar Realty · Broker phone: (573) 248-9006 · View on Broker Site · Broker website

MLS# 26055611· Source: Mid America Regional Information Systems, Inc.· 45 days on PropertySimple

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 S Main Street, Palmyra, MO 63461

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