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$244,900
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Property Description
Discover a unique commercial opportunity in the heart of downtown Lebanon. This property offers excellent visibility on a high-traffic street and includes six total units, making it ideal for investors, business owners, or anyone looking for a mixed-use space with endless potential. One of the units is currently rented, and two additional units are already being advertised for rent, creating immediate income possibilities. The upstairs apartment is a standout feature with its rustic-industrial charm, warm hardwood floors, exposed beams, and spacious open-concept layout. The kitchen showcases custom concrete countertops, open shelving, and plenty of room to cook or entertain. The apartment includes two comfortable bedrooms and a beautifully finished bathroom with custom tile work and a vessel sink, creating a truly inviting living space. The main level features multiple commercial units with flexible layouts, ready for retail, office, creative studios, or renovation into your own custom vision. Some spaces are partially finished while others offer a blank canvas, giving buyers the freedom to design and complete them however they choose. With its character, size, rental potential, and prime downtown location, this property offers an incredible chance to own a versatile building with built-in income opportunities. Whether you're expanding your business, investing in rental units, or creating a live-work setup, this property is full of potential.
Full Property Details
Full Property Details for 200 W 2nd St
General
- Price: $244,900
- Taxes: $819 (2025)
- Status: Active
- Type: Commercial
- Source: MARIS
- MLS ID: 25077791
- Updated: 11/20/2025
- Added to Site: 123 day(s) ago
Interior
- Appliances: Electric Cooktop, Microwave, Refrigerator
Location
- Area: 776 - Lebanon
- County: Laclede
- Township: Lebanon
- Subdivision: FIRST RAILROAD BLK
- Driving Directions: From Jefferson St turn West on 2nd St property is located on the corner of 2nd St and Madison.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Other, Propane
Utilities
- Water: Public
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
Structural Information
- Square Feet: 6,968
- Current Bldg. Use: Office, Other, Single Family
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.1215
- Lot Size (Sq. Ft.): 5,292.54
- Lot Size Source: Public Records
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $819
- Tax Year: 2025
- Tenant Pays: All Utilities
Disclosures and Reports
- Ownership: Private
- Special Conditions: Standard
- Legal Description: FIRST RAILROAD BLK 17, PT LOT 24 (123 N MADISON & 200/204 W SECOND ST/)
- Disclosures/Reports: Lead Paint, Occupancy Permit Required
- Property ID: 13-1.0-11-002-024-001.001
Listed by RE/MAX Next Generation
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Schools
Schools serving 200 W 2nd St
School District:Lebanon R-Iii School District
| Name | Grades | Distance |
|---|---|---|
Boswell Elementary School 695 Millcreek Road, Lebanon, MO 65536 | 4-5 | 0.6 mi |
Maplecrest Elementary School 901 Maple Lane, Lebanon, MO 65536 | 2-3 | 0.8 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 | 1.1 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 200 W 2nd St
Date
Details
Price
Change
Source
11/20/2025
Listed
$244,900
—
MLS
Disclaimer: Historical sales 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 200 W 2nd St
200 W 2nd Street, Lebanon, MO 65536 (MLS# 25077791) is a Commercial property. 200 W 2nd Street is currently listed for $244,900 and was received on November 20, 2025. Want to learn more about 200 W 2nd 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.
