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Historic Restaurant Building with Original Glass Blocks
For Sale
$989,900

201 W Commercial Street, Lebanon, MO 65536

Commercial Sale, Lebanon, MO

Property SizeContact for details
Lot Size0.25 Acres
Days on Market654

Property Features for 201 W Commercial Street

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 8, Bathroom 4, Bathroom 9, Bathroom 6, Bathroom 5, Bathroom 7
Directions From Hwy 5 turn east on Commercial St. Building on the right.
Standard status Active
APN 13-1.0-11-002-024-021.000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 1ST R.R. BLOCK 17 LOT 1 (201 W COMMERCIAL ST)
Tax Annual Amount 4409
Legal Description 1ST R.R. BLOCK 17 LOT 1 (201 W COMMERCIAL ST)

Utilities

Utilities Water Available
Heating system Electric (Heating)
Cooling system Electric

Amenities

high ceilings
natural light
original glass blocks

Building Details

Year built 1948
Roof type Flat
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: 417 Property Pros · License #2010038764
Added: Nov 4, 2024 Changed: Aug 19 Last Checked: Aug 20 at 11:06PM
MLS# 60281427

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Historic Joe Knight Building in Lebanon, MO at 201 W Commercial Street offers a restaurant-ready main level and flexible space throughout the rest of the building. The property is described as Streamline Moderne in style, featuring the original glass blocks associated with the art deco era. The main level is a fully functional restaurant.

A flat roof supports the approximately multi-level layout, with additional space on the basement level and floors 2 and 3. The basement level previously housed county offices and the local barber. Floors 2 and 3 have served as professional offices for physicians, and floor 2 also includes a complete living quarters that can support nightly rental.

The building is on the historical register and was built in 1948. Updates mentioned include a new roof and awnings installed summer of 2025. Heating and cooling are electric, with water available on-site.

The building is presented as ready to be transitioned into a boutique hotel, an office complex, or other envisioned uses consistent with its current configuration.

Key Highlights

  • Historic Joe Knight Building at 201 W Commercial Street, Lebanon, MO
  • Main level has a fully functional restaurant
  • Streamline Moderne style with original art deco‑era glass blocks

Property Analytics

Current Use

Ahmann Electric Inc Electrical Service Randolph Appraisal Co Real Estate Agency Mel's on Madison Restaurant

Suggested Use

Top Pick Dental Office Building Supply Locksmith HVAC Service Big Box & Wholesale Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby
Under-served
Demand for This Use

Demographics for 65536, MO

29,550
Population
13,156
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
86%
High-School Grad
402.2 sq mi
ZIP Area
73
Density / Sq Mi
$50,902
Median Household Income
$35,140
Median Earnings
$805
Median Rent
$159,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic restaurant building with Streamline Moderne design, original glass blocks, and electric heating and cooling.
Where is this conventional restaurant located?
The property is located at 201 W Commercial Street Lebanon, MO.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: Historic Joe Knight Building at 201 W Commercial Street, Lebanon, MO; Main level has a fully functional restaurant; Streamline Moderne style with original art deco‑era glass blocks
More about this property
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