489 S Jefferson Avenue Lebanon, MO $ 495,000
489 S Jefferson Avenue
$ 495,000
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489 S Jefferson Avenue

Lebanon, MO, 65536
$ 495,000
Bedrooms-- Baths1.0 Sq 1,600

Monthly Estimate*

$ 3,419

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Commercial Property for sale in Lebanon, MO

for $495,000 with 1 full bath. This 1,600 square foot building was built in 1955 on a lot size of 0.34.

Exceptional Commercial Investment Opportunity - Established Tenant & NNN Lease!An outstanding opportunity to acquire a 1,600 SF commercial property with an established tenant, a strong rental history, and a tenant secured under a triple-net (NNN) lease. This income-producing investment offers the potential for consistent cash flow with a tenant who has demonstrated a solid history of tenancy.Positioned along a high-traffic commercial corridor with approximately 6,000 vehicles per day, the property offers excellent visibility, strong road frontage, and on-site billboard signage for additional exposure. The building features a convenient drive-thru, one restroom, dual entrances, and a handicap-accessible entry. Zoned for commercial use, the layout offers functionality for a variety of retail, food service, and office uses.With an established tenant, a documented rental history, and an existing NNN lease structure, this property presents an attractive opportunity for investors seeking a stabilized commercial asset with income in place from day one. The NNN lease structure provides for the tenant to pay specified property expenses in addition to rent, according to the terms of the lease.Whether you're expanding an existing portfolio or pursuing a commercial investment with an established income stream, this property offers an appealing combination of location, visibility, and tenancy.Don't miss this opportunity to acquire an income-producing commercial property with an established tenant and a strong rental track record.

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Commercial Active

Price

$ 495,000

Full Bath

1

Property Type

Commercial

Taxes

$ 3,159

Style

Retail

Lot Size

0.34

Year Built

1955

Town/City

Lebanon

County/Region

Laclede

MLS | Web ID

60337319

Features
General
Heating Forced Air Electric
Cooling Electric Central Air
Utilities Water Available High Speed Internet Natural Gas Available Electricity Available
Roof Flat
Development Status Existing
Zoning Commercial
Year Built 1955
Tenant Pays All Utilities
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Property Subtype Retail
Tax Year 2025
Business Type Business Service Convenience Store
Business Name Lebanon Smoke Outlet
County Laclede
Property Type Commercial Sale
Attached Garage N
Full Baths 1
Status Active
Buyer Financing Cash 1031 Exchange Conventional
Directions In Lebanon go to 489 S Jefferson Avenue
City Lebanon
Tax Annual Amount 3159
Standard Status Active
Legal Description LEBANON ACREAGE 11-34-16 PT SESW1/4 (JOE'S PHARMACY) (SURVEY)
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Exterior
Parking Features Paved Parking Area 11-15 Spaces
Building Area Total 1600
Lot Size Acres 0.34
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* Excluded Features
List By
Brayli D Shipley

Listing Agent

klrw369@kw.com

Contact

Affordability Calculator

$3,682
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,419
Monthly Property Taxes
$263
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
685504 Elementary School
685609 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2026$495,000 Listed Price

Map


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489 S Jefferson Avenue, Lebanon, MO, 65536 is a Commercial Property for sale at $495,000 with 1,600 sqft and a lot size of 0.34. 489 S Jefferson Avenue has 1.0 baths and was built in 1955. The property's zip code is 65536 which is in Lebanon, MO