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123 Commercial St Lebanon, MO 65536

For Sale
$889,000

Renovated 6050 sq ft building, leaseback option available.

Description

Added:
Feb 3, 2025
Days on Market:
307
This stunning, historically renovated 6050 square foot commercial building is located in Lebanon, Missouri's vibrant downtown business district at 123 W Commercial Street. The property boasts beautifully preserved original features including exposed brick walls, tin ceilings, and original wood floors, seamlessly blended with modern updates. Large storefront garage-style windows open directly onto the bustling Commercial Street sidewalk, providing excellent visibility and street access. The building is fully code-compliant, featuring three ADA-compliant restrooms renovated with historical fixtures, a three-floor sprinkler system, three-phase electric, and new plumbing. The absence of load-bearing interior walls allows for flexible and easy renovations to suit a variety of uses. Currently configured as a restaurant with a chef's kitchen and a second-floor bar/party room, the upper level could easily be converted into a large loft-style residence. The building sits on a prominent corner lot (0.08 acres) offering ample parking at the front, side, and rear, with separate entrances for both the ground floor and the second floor. Leaseback options are available for the current restaurant tenant. This property presents a unique opportunity to own a piece of Lebanon's rich history while enjoying the benefits of a fully modernized and versatile commercial space. The building's prime location and flexible layout make it ideal for a variety of businesses or a mixed-use development.

Property Features for 123 Commercial St

General Information

Property type
Other commercial real estate
Lot Size
3,485 SF

Building Details

Year Built
1870

Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Rail 1868 Restaurant ... Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lebanon
County
Laclede
State
Missouri
Longitude
-92.66482
Latitude
37.68007

FAQs

What type of property is this?
Commercial real estate - Renovated 6050 sq ft building, leaseback option available.
Where is this commercial real estate located?
The property is located at 123 Commercial St Lebanon, MO.
What is the asking price?
The asking price for this property is $889,000.
More about this property
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