For SaleMLS# SOM60328821

11901 State Highway 32

11901 State Highway 32, Lebanon, MO 65536

$1,500,000

Bedrooms

7

Bathrooms

5

Sq Ft

3,064

Acreage

40

Year Built

1970

Garage

1 spaces

Type

Multiple Residences

Schools

Conway

Description

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.

Schools

Elementary

Conway

Middle

Conway

High

Conway

Location

Listing courtesy of Andrea S Rogers, Rogers & Associates Realty, LLC.

Listing information is provided by the Southern Missouri Regional MLS (SOMO) via MLS Grid and is deemed reliable but not guaranteed. Data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Southern Missouri Regional MLS. All rights reserved. Data last updated Sep 8, 2026, 12:22 AM.

Caleb Scott

Caleb Scott

Broker / Owner

Your information is kept private and secure.

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