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11901 State Highway 32, 
Lebanon, MO 65536

$1,500,000


7

Beds


5

Baths


3,064

Sq Ft


Multi-Family

Active

Listed by

Andrea S Rogers

Rogers & Associates Realty, LLC.

417-383-5009

Last updated:

September 1, 2026, 02:41 PM

MLS#

60328821

Source:

MO GSBOR

About This Home

11901 State Highway 32

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.

Home Facts

Multi-Family

5 Baths

7 Bedrooms

Built in 1970

Subdivision & Development:

N/A

Price Summary

1,500,000

$489 per Sq. Ft.

MLS #:

60328821

Last Updated:

September 1, 2026, 02:41 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

3,064 Sq. Ft.


Structure

Structure

Building Area:

3,064 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

1,742,400


Finances & Disclosures

Finances

Price:

$1,500,000

Price per Sq. Ft:

$489 per Sq. Ft.

Source:MO GSBOR
Copyright 2026 Southern Missouri MLS. All rights reserved. Listings courtesy of Southern Missouri MLS as distributed by MLS GRID

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.