Mixed-Use Land for Sale in Lebanon, Missouri

TWO INVESTMENT PROPERTIES IN ONE TRACT! Positioned along highly traveled Highway 5, this versatile investment opportunity offers a rare combination of residential income and commercial potential in one strategic location. With excellent visibility, steady traffic flow, and flexible use options, this property is ideal for investors seeking multiple income streams. The property features a 1,300 sq ft rental home alongside a separate 2,800 sq ft commercial shop building, allowing each to be leased independently. This setup creates strong income potential while offering flexibility to owner-occupy one space and rent the other, or lease both for maximum return. The home provides comfortable living accommodations with a functional layout, inviting living spaces, and good natural light. A practical kitchen, well-sized bedrooms, and usable outdoor space make it appealing to a wide range of tenants. Its proximity to local amenities helps support consistent rental demand and long-term occupancy. The commercial shop building adds significant value, offering high exposure along Highway 5. Ideal for a variety of uses such as automotive, contractor space, retail, or storage, the building is designed for functionality with ample workspace and easy access for vehicles and equipment. The visibility and accessibility make it especially attractive for businesses that rely on traffic and convenience. With clear separation between the home and shop, both spaces can operate independently, minimizing tenant overlap and allowing for flexible lease structures. Ample parking and easy highway access further enhance usability for both residential and commercial tenants. Beyond immediate income potential, the location offers long-term upside. Properties along high-traffic corridors continue to see strong demand, positioning this investment for future appreciation or expansion.

Whether you’re looking to generate steady rental income, operate a business, or expand your portfolio, this Highway 5 property delivers a unique and flexible opportunity with strong earning potential.