Back to Search Results

121 S Main Street, Palmyra, MO, 63461

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.

Subdivision: Pal Orig Town

List Price

$ 295,000

Status

Active

Days on market

0

MLS#

26055611

Bedrooms

0

Full baths

0

Subdivision

Pal Orig Town

Municipality

Palmyra

County

Marion

Property Type

Commercial Sale

Type

Commercial Sale

Additional Information

Property Tax (2025)

$1,192

Recent Nearby Sales in 63461

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
508 Gene Avenue, Palmyra, MO 63461 4/3 2,688 $398,000 $390,000
98% of ask
Aug 28, 2026
514 W Lafayette Street, Palmyra, MO 63461 3/2 1,125 $265,000 $265,000
100% of ask
Aug 28, 2026
217 Westview Street, Palmyra, MO 63461 3/3 1,322 $299,900 $299,900
100% of ask
Aug 18, 2026
3721 Hawk Point, Palmyra, MO 63461 4/4 2,112 $725,000 $710,000
97.9% of ask
Aug 14, 2026
514 S Main Street, Palmyra, MO 63461 4/3 2,460 $145,000 $120,000
82.8% of ask
Aug 10, 2026
511 W Lafayette Street, Palmyra, MO 63461 3/2 1,092 $225,000 $215,000
95.6% of ask
Jul 31, 2026

Price & Listing History

Listed for sale
Aug 31, 2026 at $295,000
Current status: Active
As of Sep 1, 2026 · $295,000

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A Guerrilla Brokers, LLC agent will connect you with a trusted local lender.

Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.