123 Commercial St, Lebanon, MO 65536-3143
- Turn key restaurants
- 6,038 SF
Current Use by Public Records
- The Rail 1868 Restaurant and Tavern / Restaurant
Property Details for 123 Commercial St
- Year built
- 1900
- Property type
- Turn key restaurants
- APN
- 13-1.0-11-002-022-010.000
- APU
- 131011002022010000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 11, 2023 | — | W3 Properties LLC | — | Deed · related | $20k · Lake Of The Ozarks Council Of Local Gove |
| Dec 15, 2020 | — | W3 Properties LLC | — | Deed · related | $467k · Heritage Bank Of The Ozarks |
| Apr 8, 2020 | — | W3 Properties LLC | — | Deed · related | $65k · Heritage Bank Of The Ozarks |
| Feb 19, 2019 | — | W3 Properties LLC | Michael J Holowich | Warranty Deed | — |
| Nov 21, 2016 | — | Michael J Holowich | — | Deed · related | $74k · First State Community Bank |
| Sep 30, 2014 | — | Ohm Developing INC | Ronnie Pilant | Special Warranty Deed | — |
| Apr 1, 2014 | — | Ronnie Pilant | Ronnie Pilant | Intrafamily Transfer · related | — |
| Nov 2, 2005 | — | Ronnie Pilant | Phillip Danner | Warranty Deed | $186k · Central Bank |
Description
This stunning, historically renovated 6050 square foot commercial building is located in Lebanon, Missouri's vibrant downtown business district at 123 W Commercial Street. The property boasts beautifully preserved original features including exposed brick walls, tin ceilings, and original wood floors, seamlessly blended with modern updates. Large storefront garage-style windows open directly onto the bustling Commercial Street sidewalk, providing excellent visibility and street access. The building is fully code-compliant, featuring three ADA-compliant restrooms renovated with historical fixtures, a three-floor sprinkler system, three-phase electric, and new plumbing. The absence of load-bearing interior walls allows for flexible and easy renovations to suit a variety of uses. Currently configured as a restaurant with a chef's kitchen and a second-floor bar/party room, the upper level could easily be converted into a large loft-style residence. The building sits on a prominent corner lot (0.08 acres) offering ample parking at the front, side, and rear, with separate entrances for both the ground floor and the second floor. Leaseback options are available for the current restaurant tenant. This property presents a unique opportunity to own a piece of Lebanon's rich history while enjoying the benefits of a fully modernized and versatile commercial space. The building's prime location and flexible layout make it ideal for a variety of businesses or a mixed-use development.
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Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Laclede
- State
- Missouri
- Longitude
- -92.6648
- Latitude
- 37.6801
- CBSA code
- 30060
- CBSA name
- LEBANON, MO MICROPOLITAN STATISTICAL AREA
