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$1,475,000
94 Days On Site

11901 State Highway 32
Lebanon, MO 65536

For Sale|Multi Family|Active
7
Beds
5
Total Baths
5
Full Baths
3,064
SqFt
$481
/SqFt
1970
Built
County:
Laclede
Listing courtesy of Andrea S Rogers of Rogers & Associates Realty, LLC
11901 State Highway 3211901 State Highway 3211901 State Highway 3211901 State Highway 32
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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.

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Listing Snapshot
Price 
$1,475,000
Days On Site 
94 Days
Bedrooms 
7
Inside Area (SqFt) 
3,064 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
40 Acres
Year Built 
1970
MLS® Number 
60328821
Status 
Active
Property Tax 
$3,243.95
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $1,475,000
3 months agoListing first seen on site
General Features
Acres 
40
Foundation 
BlockSlab
Garage 
Yes
Garage Spaces 
1
Levels 
One
Parking 
Driveway
Property Sub Type 
Multi Family
Sewer 
Septic Tank
SqFt Above 
3064
SqFt Total 
3064
Utilities 
Propane
Water Source 
Private
Interior Features
Appliances 
Electric CooktopBuilt-In Electric OvenMicrowaveRefrigerator
Cooling 
Window Unit(s)
Flooring 
VinylLinoleum
Heating 
ElectricPropaneWall Furnace
Laundry Features 
Main Level
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Exterior Features
Construction Details 
Metal SidingVinyl Siding
Fencing 
Barbed Wire
Lot Features 
Few Trees
Patio And Porch 
Covered
Road Frontage 
Highway
Roof 
Metal
Waterfront Features 
Pond
Community Features
Township 
34
Financing Terms Available 
CashConventional
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Conway
Middle School
Conway
High School
Conway
Listing courtesy of Andrea S Rogers of Rogers & Associates Realty, LLC



The 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 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 not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains 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. © 2026, Southern Missouri Regional MLS, LLC. All rights reserved. DMCA Notice
Data last updated at: 2026-10-17 08:53 PM UTC

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Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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