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201 W Commercial Street, Lebanon, MO 65536

Laclede County

Key Facts

9Baths
10,572Sq Ft
1948Year Built
0.25Lot (acres)

Description

**Step into the Historic Joe Knight Building in Lebanon, MO - A Landmark Ready for Your Vision!**Discover the rich history and unique charm of the Joe Knight Building, a true Lebanon landmark that has stood the test of time. Nestled in the heart of downtown, this building has been a central figure in the community's past, blending architectural character with modern functionality. Featuring expansive interiors filled with natural light and high ceilings, the Joe Knight Building offers versatile spaces ideal for retail, office, or mixed-use ventures.New roof and awings installed summer of 2025.The main level features a fully functional restaurant. The basement level once housed county offices and the local barber. Floors 2 and 3 have served as professional offices for physicians. Floor 2 also includes a complete living quarters ideal for nightly rental. This building ready to be transitioned into a boutique hotel, office complex, or whatever one can envision.The building features the Streamline Moderne style with the original glass blocks that were iconic during the art deco era. This property is more than just a building - it's a slice of Lebanon's heritage, with well-preserved details that set it apart. The building is on the historical register. A prime location on a bustling street, it offers a unique opportunity for those looking to be part of the vibrant and growing business community. With its rich legacy and commercial potential, the Joe Knight Building awaits its next chapter!

Property Information

Property Type

Commercial Sale

Sub-Type

Retail

Year Built

1948

Living Area

10,572 sq ft

Lot Size

0.25 acres

MLS® Listing#

60281427

Property Features

Interior

Elevator

Appliances

FreezerElectric Water HeaterRefrigeratorRange

Cooling

Electric

Heating

Electric

Roof

Flat

Utilities

Cable AvailableSewer AvailableNatural Gas AvailableElectricity AvailableWater Available

Financial Details

Annual Taxes

$4,409

Tax year 2024

Parcel Number

13-1.0-11-002-024-021.000

Directions

From Hwy 5 turn east on Commercial St. Building on the right.

Affordability Calculator

$197,980

Estimated monthly payment

$5,269/mo

Principal $791,920 · Est. interest $1,104,799 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lebanon, MO

$295,455
Median Listing Price
55
Median Days on Market
1,892
Median Sq Ft
$170
Median Price / Sq Ft
108
Active Listings
  • This home’s price is 235% above the area median.
  • Its price per sq ft is 45% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Lebanon, MO.

Location

Map showing the location of 201 W Commercial Street, Lebanon, MO 65536

Points of Interest in Lebanon, MO

Showing the Lebanon area map.

Nearby Schools

  • Lebanon R-3 School District

    School · 0.1 mi away

  • Head Start

    School · 0.1 mi away

  • Faith Christian Academy

    School · 0.4 mi away

  • Lebanon Junior High School

    Secondary · 0.4 mi away

  • Maplecrest Elementary

    Elementary · 0.6 mi away

  • Boswell Elementary School

    Elementary · 0.7 mi away

  • Hillcrest Education Center

    Secondary · 0.7 mi away

  • Boswell Park

    School · 0.7 mi away

  • Lebanon Alternative Education Ctr

    School · 0.8 mi away

  • Lebanon High School

    Secondary · 1.2 mi away

  • Lebanon Technology & Career Center

    Secondary · 1.2 mi away

  • Joe D. Esther Elementary

    Elementary · 1.2 mi away

  • Ozarks Technical Community College

    School · 1.3 mi away

  • Lebanon High School

    Secondary · 1.4 mi away

  • Bright Beginnings at SHCC

    School · 2.1 mi away

  • Lebanon Middle School

    Secondary · 2.6 mi away

  • Tri-County Christian School

    School · 6.5 mi away

  • Stoutland School

    Secondary · 12.5 mi away

  • School of Metaphysics

    School · 12.9 mi away

  • Gasconade C4 School

    School · 13.3 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
1451 E Route 66, Lebanon, MO$699,000
2001 Beck Lane, Lebanon, MO$725,000444,000
2001 Beck Lane, Lebanon, MO$725,000344,000
21880 Highway B 2, Lebanon, MO$729,900433,680
123 EVERGREEN Parkway, Lebanon, MO$750,0005,400
21355 Ember Road, Lebanon, MO$769,900554,047

Moving Cost Estimate

EXIT Agents in Lebanon

Listing Courtesy: Keller Williams Local - klrw369@kw.com

Presented by: 417 Property Pros

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of Southern Missouri Regional MLS. Real estate listings held by Brokerage firms other than EXIT Realty are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is deemed reliable but not guaranteed, and all information should be verified by the consumer. Any representation that a website contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. Information deemed reliable but not guaranteed. Copyright ©2026 Southern Missouri Regional MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SouthernMO. MLS® Listing#60281427. © 2026EXIT Realty®. All rights reserved.