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104 W Commercial Street, Lebanon, MO, 65536

Opportunities like this don’t come around often! Nestled in the heart of beautiful and historic downtown Lebanon, this 8-unit commercial building offers unbeatable visibility, charm, and location. Surrounded by thriving local businesses, restaurants, and community events, this property provides endless potential for investors, entrepreneurs, or those looking to expand their portfolio. Each unit offers flexible space perfect for retail, office, boutique, or service-based businesses. With a strong rental history and foot traffic driven by the vibrant downtown atmosphere, this property is as solid as it is charming. The building blends historic character with modern potential, making it a standout opportunity in one of the most sought-after areas of the city. Don't miss your chance to own a piece of downtown Lebanon's legacy. Real estate in a location like this is rare—schedule your showing today! Rare opportunity to potentially own a quarter—or half—of the block with adjoining MLS listing. Don’t miss this chance to invest in one of Lebanon’s most sought-after commercial locations!

Subdivision: Downtown

List Price

$ 825,000

Status

Active

Days on market

0

MLS#

25047405

Bedrooms

0

Full baths

0

Subdivision

Downtown

Municipality

Lebanon

County

Laclede

Property Type

Commercial Sale

Type

Commercial Sale

Additional Information

Property Tax (2024)

$6,045

Recent Nearby Sales in 65536

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
685 W 2nd Street, Lebanon, MO 65536 3/1 948 $79,900 $65,000
81.4% of ask
Sep 10, 2026
478 Brice Street, Lebanon, MO 65536 1/1 966 $135,000 $141,000
104.4% of ask
Sep 8, 2026
24450 Remington Lane, Unincorporated, MO 65536 4/2 1,864 $299,999 $270,000
90% of ask
Sep 8, 2026
27 Whippoorwill Lane, Lebanon, MO 65536 3/2 1,352 $250,000 $252,000
100.8% of ask
Sep 8, 2026
22774 Gardner Road, Lebanon, MO 65536 3/2 -- $339,900 $345,000
101.5% of ask
Sep 4, 2026
22915 Daisy Road, Unincorporated, MO 65536 3/2 1,112 $225,000 $210,000
93.3% of ask
Sep 4, 2026

Price & Listing History

Listed for sale
Jul 14, 2025 at $980,000
Price reduced by $155,000 (15.8%)
From $980,000 to $825,000
Current status: Active
As of Jul 30, 2026 · $825,000

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