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$495,000
Est. payment /mo
1 Bath
0.34 Acres Lot
New
489 S Jefferson AVE Lebanon, MO 65536
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60337319
Full Baths 1
Year Built 1955
Annual Tax Amount $3,159
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Retail
Source somo
Property Description
Exceptional Commercial Investment Opportunity - Established Tenant & NNN Lease!An outstanding opportunity to acquire a 1,600 SF commercial property with an established tenant, a strong rental history, and a tenant secured under a triple-net (NNN) lease. This income-producing investment offers the potential for consistent cash flow with a tenant who has demonstrated a solid history of tenancy.Positioned along a high-traffic commercial corridor with approximately 6,000 vehicles per day, the property offers excellent visibility, strong road frontage, and on-site billboard signage for additional exposure. The building features a convenient drive-thru, one restroom, dual entrances, and a handicap-accessible entry. Zoned for commercial use, the layout offers functionality for a variety of retail, food service, and office uses.With an established tenant, a documented rental history, and an existing NNN lease structure, this property presents an attractive opportunity for investors seeking a stabilized commercial asset with income in place from day one. The NNN lease structure provides for the tenant to pay specified property expenses in addition to rent, according to the terms of the lease.Whether you're expanding an existing portfolio or pursuing a commercial investment with an established income stream, this property offers an appealing combination of location, visibility, and tenancy.Don't miss this opportunity to acquire an income-producing commercial property with an established tenant and a strong rental track record.
Location
State MO
County Laclede
Area 1600
Zoning Commercial
Direction In Lebanon, go to 489 S Jefferson Avenue
Interior
Heating Forced Air, Electric
Cooling Electric, Central Air
Fireplace No
Heat Source Forced Air, Electric
Exterior
Parking Features Paved, Parking Area, 11-15 Spaces
Utilities Available Water Available, High Speed Internet, Natural Gas Available, Electricity Available
Waterfront Description None
View City
Roof Type Flat
Listed by Brayli D Shipley Keller Williams Local
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Contact ME FOR A PRIVATE SHOWING
Carrie Ann Higgs
Agent License ID: 2003032011