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1 Bath
1,600 sqft

$495,000

489 S Jefferson Avenue, Lebanon MO, 65536

Price per sqft$309.38
Built in1955
Property size1,600 sqft
Property typeCommercial
Courtesy of Keller Williams Local, Brayli D Shipley Listing Contact:

Overview

Active

Listed Oct 30, 2026

Updated 29h ago

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.

Additional information

MLS® ID
60337319

Interior Features

Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Taxes
$3,159
Tax Frequency
Annually
View
Yes

Listings courtesy of MO - Southern Missouri Regional MLS (SMRMLS) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 5:15 AM UTC on 11/6/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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