Historic Mixed-Use Building

201 W Commercial Street Lebanon, MO 65536

Claim this Listing
For Sale
$989,900

SINGLE_FAMILY - Lebanon, MO

Type:Retail
Lot size:
0.25 Acres
Added:
Nov 4, 2024
Days on Market:
615
Last Refresh:
Jul 12 at 11:06 pm

Property Features for 201 W Commercial Street

General Information

Property type
Residential
Property subtype
Retail
Bathrooms
9
Rooms
Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 9, Bathroom 8, Bathroom 7, Bathroom 2
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

Utilities

Utilities
Water Available
Heating system
Electric (Heating)
Cooling system
Electric

Building Details

Year built
1948
Roof type
Flat

Listing agent 417 Property Pros License #2010038764

Listing office Keller Williams 1619 E. Independence St., Springfield, MO

Listing date Nov 4, 2024

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 historically significant Streamline Moderne property with original glass blocks and well-preserved character details. The main level includes a fully functional restaurant, while the basement level previously housed county offices and the local barber. Floors 2 and 3 have been used as professional offices for physicians, and Floor 2 also includes complete living quarters that have supported nightly rental.

201 W Commercial Street places the building in downtown Lebanon, and it is listed on the historical register. New roof and awnings were installed in summer 2025, supporting continued occupancy and redevelopment planning. The building’s multi-level configuration and natural-light, high-ceiling interiors are designed for adaptive use across retail, office, or hospitality concepts.

For tenants, this layout offers flexibility where an established ground-floor restaurant can anchor a larger mixed-use operation, supported by office-ready upper levels. For buyers and operators, the combination of updated exterior elements, historically significant architecture, and multiple functional tiers creates a practical platform for conversion to an office complex, boutique hotel, or other mixed-use plan consistent with the building’s existing improvements.

Key Highlights

  • Historic Joe Knight Building in Lebanon, MO, built in 1948 and listed on the historical register
  • New roof and awnings installed summer of 2025
  • Main level has a fully functional restaurant

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ahmann Electric Inc Electrical Service Randolph Appraisal Co Real Estate Agency Mel's on Madison Restaurant

Suggested Use

Dental Office Building Supply Locksmith HVAC Service Big Box & Wholesale Store Tech Support Center (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Wine and Liquor Store

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

Similar Off Market Nearby

  • Pams Flowers LLC — 519 N Jefferson Ave, Lebanon, MO 65536
  • Smitty's Floral Shoppe — 601 N Jefferson Ave, Lebanon, MO 65536
  • Lilly's Floral — 550 N Jefferson Ave, Lebanon, MO 65536
  • Always Flowers & Plants — Lebanon, MO 65536

FAQs

What type of property is this?
Storefront property - Historic Streamline Moderne building with an operating restaurant and multi-level office space, including new roof and awnings.
Where is this storefront 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: Historic Joe Knight Building in Lebanon, MO, built in 1948 and listed on the historical register; New roof and awnings installed summer of 2025; Main level has a fully functional restaurant
Contact an agent
More about this property
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