305 Madison AveLebanon, MO 65536

Property Details for 305 Madison Ave

Year built

1940

Lot size

0.37 AC

Property size (Sq ft)

2,820 SF

Property type

Retail space

APN

13-1.0-11-002-038-014.000

APU

131011002038014000

Description

This exceptional 2,520 square foot commercial property, situated on a 0.4-acre lot at the corner of Madison Avenue South and Pierce Street in Lebanon, Missouri, presents a unique investment opportunity. Its prime location adjacent to Club Car Wash (formerly Tiger Wash) ensures high visibility and accessibility for any business. The spacious building offers a versatile layout, adaptable to a wide range of uses, including office space, retail, or customized configurations to meet specific business needs. Ample parking is provided on the property, accommodating both employees and customers. A significant advantage is the inclusion of a brand new walk-in cooler, ideal for businesses requiring refrigeration or cold storage. Security features are in place to ensure the safety and protection of the premises. This property is perfectly suited for established businesses seeking relocation or entrepreneurs launching new ventures, offering significant potential for growth and success in a thriving commercial area. The quarter-acre lot provides ample space for expansion or outdoor activities related to the business. This is a rare opportunity to acquire a well-located, versatile commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $872,160

  6.5%

  $805,071

  7%

  $747,566

• Comparable approach

  Method

  Valuation

  Relative Method

  $554,015

  Geo Method

  $554,015

• Alternative Use

  Use

  Valuation

  Residential

  $679,107

  Hospitality

  $622,059

  Educational

  $517,545

  Medical

  $535,345

  Retail

  $805,071

Location Insight

City

Lebanon

County

Laclede

State

Missouri

Latitude

37.6778

Longitude

-92.6627

CBSA code

30060

CBSA name

LEBANON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].