Office: 314-780-9070

Sarah Bernard Redkey Realty St Louis Mo
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$999,990
37 Days On Site

921 S Jefferson
Lebanon, MO 65536

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
18,240
SqFt
$55
/SqFt

Built
Subdivision:
Ritz 8
County:
Laclede

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

921 S Jefferson921 S Jefferson921 S Jefferson921 S Jefferson
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Monthly Payment (Est.)

$4,562
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$999,990
Days On Site 
37 Days
Bedrooms 
N/A
Inside Area (SqFt) 
18,240 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.45 Acres
Year Built 
N/A
MLS® Number 
24077380
Status 
Active
Property Tax 
$1,491
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
1.45
Additional Property Use 
Other
Parking 
Asphalt
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Above 
18240
Utilities 
Natural Gas AvailableCable AvailableElectricity AvailableWater AvailableSewer AvailablePhone Available
Water Source 
Public
Zoning 
C1
Interior Features
Cooling 
Electric
Electric 
220 Volts
Heating 
Forced Air
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Exterior Features
Road Frontage 
City StreetState Road
Roof 
Flat
Community Features
MLS Area 
Lebanon City Limits
Township 
Lebanon
Listing courtesy of Ozark Empire Realty


Based on information submitted to the MLS GRID as of 2025-01-31 11:59 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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