123 W Commercial Street Lebanon, MO $ 715,000
123 W Commercial Street
$ 715,000
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123 W Commercial Street

Lebanon, MO, 65536
$ 715,000
Bedrooms-- Baths4.0 Sq 6,000

Monthly Estimate*

$ 4,938

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Commercial Property for sale in Lebanon, MO

for $715,000 with 4 full baths. This 6,000 square foot building was built in 1870 on a lot size of 0.07.

Position your business or investment in the heart of Lebanon's Historic Downtown District. This exceptional commercial property combines timeless architectural character with the modern infrastructure today's businesses demand. Downtown Lebanon is an award winning participant in The Missouri Main Street Program and is home to thriving local businesses, popular community events, and steady pedestrian traffic throughout the year.Encompassing over 6,000 square feet above grade plus a full 3,000-square-foot basement, the building offers outstanding flexibility for retail, office, entertainment, hospitality, or mixed-use concepts. Inside, you'll find many of the original architectural details that make historic downtown buildings so desirable, including exposed brick walls and original hardwood floors. Oversized storefront garage-style windows open directly onto Commercial Street, creating a unique connection between the interior and the vibrant streetscape.Extensively updated beginning around 2018/2019, the property features all-new three-phase electrical service, updated plumbing, four independently controlled HVAC zones with dedicated 4-ton units, and a full fire sprinkler system supporting an occupant capacity of approximately 215. Whether you're seeking an income-producing investment, a flagship business location, or a property with long-term redevelopment potential, opportunities like this in one of southwest Missouri's most active downtown districts are increasingly hard to find.

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Commercial Active

Price

$ 715,000

Full Bath

4

Property Type

Commercial

Taxes

$ 6,476

Style

Lot Size

0.07

Year Built

1870

Town/City

Lebanon

County/Region

Laclede

MLS | Web ID

60338469

Features
General
Heating Electric Heat Pump
Cooling Electric Heat Pump
Utilities Sewer Available High Speed Internet Natural Gas Available Electricity Available Water Available
Roof Rubber
Development Status Existing
Year Built 1870
Tenant Pays All Utilities
View City
Property Subtype Other
Tax Year 2025
Business Type Restaurant Retail
County Laclede
Property Type Commercial Sale
Attached Garage N
Full Baths 4
Status Active
Buyer Financing Cash Conventional
Directions From I-44 Exit 129 travel north on Jefferson Ave then turn left onto Commercial St. Property is on the right in downtown Lebanon.
City Lebanon
Tax Annual Amount 6476.28
Standard Status Active
Legal Description 1ST R.R. BLOCK 18 LOT 12 21 FT LOT 13 (123 W COMMERCIAL ST)
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Exterior
Parking Features On Street
Building Area Total 6000
Lot Size Acres 0.07
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* Excluded Features
List By
Austin L. McGee

Listing Agent

amcgee@murney.com

Email

Affordability Calculator

$5,478
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,938
Monthly Property Taxes
$540
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
11/14/2026$715,000 Listed Price

Map


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123 W Commercial Street, Lebanon, MO, 65536 is a Commercial Property for sale at $715,000 with 6,000 sqft and a lot size of 0.07. 123 W Commercial Street has 4.0 baths and was built in 1870. The property's zip code is 65536 which is in Lebanon, MO