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Eight-Unit Downtown Commercial Building
For Sale
$825,000

104 W Commercial St, Lebanon, MO 65536

Eight-unit commercial building in historic downtown Lebanon with versatile retail and office space.

Property SizeContact for details
Days on Market49

Property Features for 104 W Commercial St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Office Units 8

Building Details

Year Built 1970
Listing Agency: Century 21 Laclede Realty
Listed By: Keshian Luthy () · License #200153416
Source: Davisrealtor
Added: Jul 20 Changed: Sep 2 Last Checked: Sep 5 at 8:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Laclede Realty

Investment Insights

Based on property information with market context.

This eight-unit commercial building offers multiple separate spaces within a single downtown property, with layouts described as flexible for retail, office, boutique, or service-based uses. The building is characterized by historic character alongside modern potential, making it suitable for investors or operators looking for a multi-tenant setup.

Located in downtown Lebanon, the property is presented as being surrounded by local businesses, restaurants, and community events. The seller’s remarks also reference a strong rental history and foot traffic supported by the downtown atmosphere.

The offering includes an additional note that there may be an opportunity to own more than the current building through an adjoining MLS listing. Buyers should confirm specifics with the listing broker.

Key Highlights

  • 8‑unit commercial building built in 1970
  • Located in historic downtown Lebanon
  • Each unit offers versatile space suited for retail, office, boutique, or service‑based businesses

Property Analytics

Current Use

Galleria Fine Jewelry (Bike/Boat/Book/etc) Store Rebel Ink Tattoo Tattoo & Piercing Shop Weeping Willow Salon ... Hair Salon Lilly's Salon Barber Shop

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

8
Office units

Location Intelligence

Trade Area within ½ mile

967
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Eight-unit commercial building in historic downtown Lebanon with versatile retail and office space.
Where is this retail space located?
The property is located at 104 W Commercial St Lebanon, MO.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 8‑unit commercial building built in 1970; Located in historic downtown Lebanon; Each unit offers versatile space suited for retail, office, boutique, or service‑based businesses
More about this property
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