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$299,900
Est. payment /mo
0.67 Acres Lot
New
685 671 661 653 N Adams AVE Lebanon, MO 65536
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Oak Hill Block
MLS Listing ID 26059161
Year Built 1945
Annual Tax Amount $1,740
Lot Size 0.670 Acres
Acres 0.67
Property Sub-Type Mixed Use
Property Description
PRIME HIGH-TRAFFIC COMMERCIAL OPPORTUNITY! Here is a rare opportunity to acquire four homes situated together on a strategically located parcel along a busy highway with an impressive traffic count of approximately 7,500 vehicles per day. Offering a unique combination of existing income potential and future development possibilities, this property is ideally suited for investors, developers, or business owners looking for a highly visible location. The existing homes provide an opportunity to generate rental income while planning for the property's future, or the combined footprint could be redeveloped to take advantage of its excellent highway exposure. With strong visibility, convenient access, and a location positioned to capture consistent daily traffic, the property could be well suited for a variety of commercial uses, including retail, office space, service businesses, professional offices, or other commercial ventures, subject to zoning and approvals. Properties offering this type of high-visibility location, substantial land area, and redevelopment potential are increasingly difficult to find. Whether your goal is to add income-producing properties to your investment portfolio or capitalize on the long-term commercial potential of a prime highway location, this property presents an exceptional opportunity with tremendous upside.
Location
State MO
County Laclede
Area 776 - Lebanon
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Brett Burnell • RE/MAX Next Generation
NEARBY SCHOOL & BUSINESS
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