$1,475,000
Lebanon, MO 65536
MLS# 60328821
7 beds | 5 baths | 3064 sqft
1 / 75
Property Description
Exceptional Multi-Income Investment Opportunity in Lebanon, Mo! Discover an incredible investment property offering multiple income streams and endless potential. At the heart of the property is a 3,039 sq. ft. former convenience store and gas station, ready to be reopened or repurposed for a variety of commercial uses. Also included are 4,000 sq. ft. of on-site storage units, providing an established opportunity for recurring rental income. Across the scenic pond, you'll find five charming 432 sq. ft. cabins and six RV hookups, creating excellent potential for vacation rentals, campground income, or extended-stay accommodations. Additional improvements include a 1,170 sq. ft. garage building, offering ample space for storage, maintenance, or workshop use. The property also features three mobile homes, with two measuring 924 sq. ft. each and a third offering 1,216 sq. ft., making them ideal for long-term rentals, employee housing, or owner occupancy. The property is serviced by three lagoons, one septic tank with lateral lines, and two wells. The operating well, located behind the storage units, serves the entire property. A second well, located near the partially finished house, serves only that house and is currently turned off. Whether you're an investor looking to diversify your portfolio or an entrepreneur seeking a versatile income-producing property, this unique offering presents exceptional flexibility and unlimited possibilities. Property is being sold as-is.
Details
Maps
Contract Information
Property Sub-Type: Multiple Residences
Vacation Rental: No
Begin Date: 2026-07-13
List Price: $1,475,000
List Price/Total SqFt: 481.4
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Keywords
Stories: 1
Elementary School: Conway
Middle School: Conway
High School: Conway
General Property Description
Total Bedrooms: 7
Baths - Full: 5
Baths - Total: 5
Above Grade Fin SqFt: 3064
Total Finished SqFt (All Levels): 3064
Total SqFt: 3064
SqFt Provided By: Assessor Records
Entry: Walk Up
Aprx Year Built: 1970
Garage/Carport: 1
Total Garage/Carport Stalls: 1
# Detached Garage Spaces: 1
Aprx Lot Size (Acres): 40
Basement: No
Waterfront/View: None
Lake/River/Creek: None
Propane Tank: Yes
Propane Tank Ownership: Leased
Listing Info
Owner Agent: No
Related to Owner: No
Fireplace Features
Fireplace: No
Home Association Info
Home Owners/Condo Owners Association: None
Shop Building Features
Shop Building: Yes
Location Tax and Other Information
Street #: 11901
Street Name/Route: State Highway 32
County: Laclede
State/Province: MO
Zip Code: 65536
Section: 31
Township: 34
Parcel ID: 14-9.0-31-000-000-007.000
Subdivision: N/A
Real Estate Tax: 3243.95
Tax Year: 2025
Remarks Misc
Directions: At the intersection of 65 and 32 in Buffalo (traveling North on 65 Highway), turn right onto W Dallas Street, travel 17 miles and property is on the left. (GPS does work)
Status Change Info
Status: Active
Property Features
Utility Room: Main Floor
Dining: Kitchen/Dining Combo
Attic: None
Appliances: Cooktop-Electric; Microwave; Refrigerator; Wall Oven - Electric
Flooring: Linoleum; Vinyl
Cooling: Window Unit(s)
Cooling Source: Electric
Heating: Wall Furnace
Heating Source: Electric; Propane
Architecture: 1 Story; Double Wide; Single Wide
Patio and Porch Features: Covered Deck/Porch
Parking Features: Driveway
Fencing: Barbed: 3 Wire
Construction Materials: Metal Siding; Vinyl Siding
Foundation: Concrete Block; Slab
Roofing Material: Metal
Lot Features: Acreage; Pond; Trees
Water: Well - Private
Sewer: Lagoon; Septic Tank
Road Frontage: State Highway
Road Surface: Street - Asphalt
Will Sell: Cash; Conventional
Flood Insurance: Not Required
Possession: At Closing
Documents Available: Aerial Photo; Disclosure - Measurement; Seller Disclosure
Listing Office: Rogers & Associates Realty, LLC
Last Updated: September - 24 - 2026
Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.