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$980,000
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Property Description
Take advantage of this turnkey investment opportunity located on highly visible Commercial Street in the heart of historic downtown Lebanon. This impressive 7,500 sq ft, 3-unit commercial building offers excellent visibility, foot traffic, and long-term potential in the city's most vibrant business district. Each unit features large storefront windows and flexible interior layouts-perfect for retail, office, or service-based businesses. All three units are currently leased, generating immediate income for the new owner. The building sits just steps away from local shops, restaurants, and community events, making this a sought-after location for both tenants and customers alike. Whether you're looking to expand your portfolio or secure a solid income-producing property, this is a rare chance to own a fully leased commercial asset in a growing downtown market.
Full Property Details
Full Property Details for 112 W Commercial St
General
- Price: $980,000
- Taxes: $6,573 (2024)
- Status: Active
- Type: Commercial
- Source: MARIS
- MLS ID: 25047658
- Updated: 1/1/2026
- Added to Site: 287 day(s) ago
Location
- Area: 826 - Lebanon City Limits
- County: Laclede
- Township: Lebanon
- Subdivision: Downtown
- Neighborhood: Downtown
- Cross Streets: Jefferson
- Driving Directions: Located on the West end of Commercial.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric
Utilities
- Water: Public
Structural Information
- Square Feet: 7,500
- Current Bldg. Use: Retail
- Year Built: 1995
Lot Features
- Lot Size Source: Public Records
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Topography: Flat
Financial Considerations
- Tax Amount: $6,573
- Tax Year: 2024
Disclosures and Reports
- Ownership: Private
- Special Conditions: Standard
- Legal Description: 1ST R.R. BLOCK 23 LOTS 5, 6 & 7 75 X 100 (112 W COMMERCIAL ST)
- Inclusions: Building, Other - Contact Agent
- Disclosures/Reports: Easements, Unknown
- Property ID: 60-4035-00-1-R.R.
Listed by Century 21 Laclede Realty
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Schools
Schools serving 112 W Commercial St
School District:Lebanon R-Iii School District
| Name | Grades | Distance |
|---|---|---|
Boswell Elementary School 695 Millcreek Road, Lebanon, MO 65536 | 4-5 | 0.5 mi |
Maplecrest Elementary School 901 Maple Lane, Lebanon, MO 65536 | 2-3 | 0.7 mi |
Joe D. Esther Elementary School 1200 Clark Avenue, Lebanon, MO 65536 | PK-1 | 1 mi |
Lebanon Middle School 2700 Buzz Pride Drive, Lebanon, MO 65536 | 6-8 | 2.6 mi |
Lebanon Sr. High School 777 Brice Street, Lebanon, MO 65536 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 112 W Commercial St
Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$980,000
-24.62%
MLS
7/14/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 112 W Commercial St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,573
—
$97,440
10%
2024
$6,573
-2%
$88,580
—
2023
$6,726
-2%
$88,580
—
2021
$6,864
8%
$88,576
—
2022
$6,371
-8%
$88,580
-68%
2020
$6,953
—
$276,900
178%
2020
$6,953
-4%
$99,710
—
2018
$7,214
5%
$99,710
—
2014
$6,871
—
$99,710
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 112 W Commercial St
112 W Commercial Street, Lebanon, MO 65536 (MLS# 25047658) is a Commercial property. 112 W Commercial Street is currently listed for $980,000 and was received on July 14, 2025. Want to learn more about 112 W Commercial Street? Do you have questions about finding other Commercial real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.
