Historic Mixed-Use
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 Market668
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 7, Bathroom 6, Bathroom 9, Bathroom 8, Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 2
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
Building Details
Year built
1948
Roof type
Flat
Listing Agency:
Keller Williams · Keller Williams Realty
(417) 883-4900
Listed By:
417 Property Pros · License #2010038764
(417) 501-6077
Added: Nov 4, 2024
Changed: Sep 2
Last Checked: Sep 3 at 5:06AM
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.
The Joe Knight Building is a four-level commercial property at 201 W Commercial Street in downtown Lebanon. The main floor contains an operating restaurant, while the basement has previously accommodated county offices and a barber shop. Professional medical offices have occupied the second and third floors, and the second floor includes a complete living area suited to nightly rental use.
Constructed in 1948, the building is listed on the historical register and displays Streamline Moderne design elements, including original glass blocks associated with the Art Deco era. A flat roof and electric heating and cooling support the existing improvements, with a new roof and awnings installed in summer 2025. The property is positioned for continued mixed-use operation or a future hospitality, office, or retail configuration.
Constructed in 1948, the building is listed on the historical register and displays Streamline Moderne design elements, including original glass blocks associated with the Art Deco era. A flat roof and electric heating and cooling support the existing improvements, with a new roof and awnings installed in summer 2025. The property is positioned for continued mixed-use operation or a future hospitality, office, or retail configuration.
Key Highlights
- Four‑level historic commercial building at 201 W Commercial Street in Lebanon, MO
- Main level contains a fully functional restaurant
- Second and third floors have supported professional medical offices
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Lebanon commercial property combines restaurant, office, and residential components within a registered historic building.
Where is this mixed-use property 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: Four‑level historic commercial building at 201 W Commercial Street in Lebanon, MO; Main level contains a fully functional restaurant; Second and third floors have supported professional medical offices
