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Retail Building with Office Space
For Sale
$750,000

123 EVERGREEN Parkway, Lebanon, MO 65536

Commercial Sale, Lebanon, MO

Property Size5,400 SF
Lot Size0.52 Acres
Price / SF$138.89
Days on Market97

Property Features for 123 EVERGREEN Parkway

General Information

Property type Commercial Sale
Property subtype Retail
Parking features Parking Lot, Open
Window features Display Window(s)
Subdivision EVERGREEN PLAZA
Directions JEFFERSON AVE, RIGHT ON EVERGREEN PARKWAY. PROPERTY ON THE RIGHT SIDE
Standard status Active
APN 13-6.0-14-001-002-014.003
Size 5,400 SF
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2018
Tax Description EVERGREEN PLAZA PHASE 1 LOT 7 189.44' X 111.18' IRR .52 AC 14-34-16
Tax Annual Amount 5857
Legal Description EVERGREEN PLAZA PHASE 1 LOT 7 189.44' X 111.18' IRR .52 AC 14-34-16

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Propane (Heating), Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2002
Floors in Building 1
Building materials Glass, Metal Siding
Roof type Metal
Listing Agency: Realty Executives of Lebanon · Realty Executives International
Listed By: Becky Burk · License #1999105655
Added: Jun 30 Changed: Sep 28 Last Checked: Oct 4 at 4:06PM
MLS# 19022229

Copyright © 2026 Mid America Regional Information Systems, Inc. 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.

This retail property includes a 5400-square-foot building on a .52-acre site, with a configuration that has supported both office and retail operations. The structure was built in 2002 and features glass and metal siding, a metal roof, central air, and forced-air heating. Open lot parking is provided.

The property is positioned just off Jefferson Ave near Hardee’s, Denny’s, Pizza Hut, Lowe’s, Walmart, Harbor Freight, and several restaurants. It is located by two shopping centers and offers more than 170 feet of road frontage. Public water and public sewer serve the site, with water available and propane heating also listed among the property systems.

Key Highlights

  • 5400‑square‑foot building on a .52‑acre commercial site
  • More than 170 feet of road frontage
  • Prior office and retail use supported by the building layout

Property Analytics

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Current Use

Journey Christian Church Church R & S Memorial ... (Bike/Boat/Book/etc) Store Lester Buildings Lebanon Construction Company

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Big Box & Wholesale Store Grocery & Convenience Store Dental Office Hair Salon

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial building with prior office and retail use near established shopping and restaurant activity.
Where is this retail space located?
The property is located at 123 EVERGREEN Parkway Lebanon, MO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5400‑square‑foot building on a .52‑acre commercial site; More than 170 feet of road frontage; Prior office and retail use supported by the building layout
More about this property
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