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$825,000 Active

104 W Commercial Street, Lebanon, MO, 65536

0 ba
Subdivision: Downtown
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!

Status: Active · MLS# 25047405 · Listing Courtesy of Century 21 Laclede Realty, [email protected]

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Facts and features

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
428 S Washington Avenue, Lebanon, MO 65536 5/2 1,700 $74,900 $74,900
100% of ask
Nov 10, 2026
13587 Grouse Lane, Lebanon, MO 65536 4/2 1,656 $289,900 $276,800
95.5% of ask
Nov 9, 2026
861 Allen Street, Lebanon, MO 65536 4/3 1,541 $249,900 $240,000
96% of ask
Nov 6, 2026
445 Polk Street, Lebanon, MO 65536 3/2 1,066 $205,000 $207,200
101.1% of ask
Nov 5, 2026
835 Cherry Hills Lane, Lebanon, MO 65536 3/2 1,841 $329,900 $325,000
98.5% of ask
Nov 4, 2026
25936 Evanston Road, Lebanon, MO 65536 3/2 1,334 $212,900 $212,900
100% of ask
Nov 3, 2026

Price & Listing History

Listed for sale at $1,200,000
Jul 14, 2025 · original list price
Price reduced by $220,000 (18.3%)
From $1,200,000 to $980,000
Price reduced by $155,000 (15.8%)
From $980,000 to $825,000 · $375,000 below the original price
Current status: Active
As of Oct 29, 2026 · $825,000

Every time this home was on the market

Prior listings, expired and canceled listings, days on market, price changes and sold prices from MARIS MLS records.

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Most MLS-recorded sales near this home

Most closed sales in the last 12 months around this address, listing side and buyer side, plus this listing agent's record.

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