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    489 S Jefferson Ave Ave Lebanon, MO 65536

    For Sale
    $565,000

    Retail - Lebanon, MO

    Type:Retail
    Property size:
    1,600 SF
    Lot size:
    0.34 Acres
    Days on Market:
    145
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 489 S Jefferson Ave Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    13-1.0-11-002-037-005.000
    Parking features
    Garage, Garage - Detached, Paved or Surfaced
    Size
    1,600 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Electric (Heating), Geothermal (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1955
    Roof type
    Flat
    Architectural style
    Other

    Greater Springfield Realty, LLC (Keller Williams) (417) 883-4900 [email protected]

    Listing agent Brayli D Shipley (417) 883-4900 License #2019042169

    Listing date Jul 14, 2025

    MLS# 60296688 Listing URL

    Copyright © 2025 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.

    Overview

    Lebanon Retail Building with Drive-Thru

    This 1,600 square foot commercial building in Lebanon, Missouri, presents an excellent investment opportunity with owner financing available. Currently leased to a stable tenant, the property features a drive-thru, one restroom, dual entrances, and handicap-accessible entry. The building is zoned for commercial use and offers a flexible layout suitable for retail, food service, or office purposes. The property benefits from high visibility with strong road frontage on a high-traffic road experiencing approximately 6,000 vehicles per day. Additional exposure is provided by on-site billboard signage. Situated on a 0.34-acre lot, this income-producing property is ideal for investors seeking a stabilized asset in a growing commercial corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Lebanon
    County
    Laclede
    State
    Missouri
    Longitude
    -92.660222
    Latitude
    37.677239

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    FAQs

    What type of property is this?
    Storefront property - 1,600 SF commercial building with drive-thru and stable tenant.
    Where is this storefront property located?
    The property is located at 489 S Jefferson Ave Ave Lebanon, MO.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: - Owner financing available, making this an accessible investment opportunity.; - Income-producing property with stable tenant, providing immediate returns.; - High-traffic location with strong road frontage (approx. 6,000 vehicles/day) ensures excellent visibility.
    (417) 883-4900
    Request Owner's contact information
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    Lebanon, MO 65536
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    489 S Jefferson Ave Ave Lebanon, MO 65536
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