Commercial for Sale: 921 S Jefferson, Lebanon, MO 65536

18,240 sqft
$999,990
$999,990
921 S Jefferson, Lebanon, MO 65536
18,240 sqft
$999,990
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Price:
$999,990
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Type Commercial
Square Footage 18,240 sqft
Lot Size 1.45 acres
Taxes Paid $1,491
City Lebanon
County Laclede
Subdivision Ritz 8
MLS 24077380
Status Active
DOM 1 days
As a kid did you ever dream of owning a theatre? Well this is the next best thing... buy the building and the land!!! The Lebanon Ritz 8 building is listed for sale for the first time ever! Built in 1992 for the current tenant, this is a building with a proven record of cash flows. Building is currently leased through 9/30/2029 with built in renewal option(s) and increases on 5 year increments. As the only theatre in a growing town, it has and is set to remain a landmark in the community. Listed with an over 8% CAP rate, this is a great investment opportunity to build long term wealth. Lessor only responsible for land taxes and roof maintained. Current tenant has been in for 30+ years!!! Purchase also comes with 1/3 ownership of the parking lot and, if you’ve sharpened your pencil you’ll realize that this is a VERY attractive deal for the savvy investor.

Room Features

Misc Description Delivery Door, Loading Docks, Sprinkler System, Wheelchair Access

Lot & Building Features

Cooling Electric
Heating Forced Air
Parking Description Asphalt
Sewer Public Sewer
Tax Year 2023
Water Public

Price History of 921 S Jefferson, Lebanon, MO

Date Name Price Difference
12/24/2024 Listing Price $999,990 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Shelly Jackson, ABR
Shelly Jackson, ABR
BUYER SPECIALIST | SALES ADVISOR
Direct: 636-328-5400
Office
185 B West Hwy D
Wentzville, MO 63385
636-398-5770
Listed by Ozark Empire Realty, Keith Russell & Cricket Staggs
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0.14910149101491%
6.75%
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921 S Jefferson (MLS #24077380) is a commercial listing located in Lebanon, MO. This is a commercial listing with a lot of 63,162 sqft (or 1.45 acres). This property was listed on 12/24/2024 and has been priced for sale at $999,990.

Nearby zip codes are 65722. This property neighbors other cities such as Phillipsburg.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Ozark Empire Realty

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