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Historic Joe Knight Building, Lebanon
For Sale
$989,900

201 W Commercial St, Lebanon, MO 65536

Landmark building with versatile spaces in downtown Lebanon, Missouri.

Property Size10,572 SF
Price / SF$93.63
Days on Market711

Property Features for 201 W Commercial St

General Information

Standard status Active
Size 10,572 SF

Taxes and HOA fees

Annual Taxes $4,409
Listing Agency: Keller Williams
Listed By: 417 Property Pros · License #2010038764
Source: Exprealty
Added: Nov 5, 2024 Changed: Oct 16 Last Checked: Oct 16 at 2:39PM

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 Keller Williams

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Investment Insights

Based on property information with market context.

The Joe Knight Building, a historic landmark in Lebanon, Missouri, is listed on the National Historical Registry. Located in the heart of downtown, this building blends architectural character with modern functionality. The property features expansive interiors filled with natural light and high ceilings, offering versatile spaces suitable for retail, office, or mixed-use ventures. The main level includes a fully functional restaurant. The basement level previously housed county offices and a local barber. The second and third floors have served as professional offices for physicians. The building is suitable for transition into a boutique hotel, office complex, or other envisioned uses. The building features the Streamline Moderne style with original glass blocks. The property is located on a bustling street and offers an opportunity to be part of the growing business community. The building's size is 10572 square feet.

Key Highlights

  • Prime downtown Lebanon, MO location with high visibility.
  • Listed on the National Historical Registry, preserving its architectural character.
  • Versatile spaces suitable for retail, office, mixed‑use, or boutique hotel.

Property Analytics

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Current Use

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

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.

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
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Landmark building with versatile spaces in downtown Lebanon, Missouri.
Where is this mixed-use property located?
The property is located at 201 W Commercial St 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: Prime downtown Lebanon, MO location with high visibility.; Listed on the National Historical Registry, preserving its architectural character.; Versatile spaces suitable for retail, office, mixed‑use, or boutique hotel.
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