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Investment Highlights

  • High-Visibility Corner
  • Recreation-Oriented Opportunity
  • Potential for Retail, Dining & Service Businesses
  • 3 Way Stop Location
  • Two Lot Configuration Provides Flexibility
  • Lake Texoma Recreation Oriented Uses: Fishing, Boating, Outdoor Recreation

Executive Summary

Position your business where local commerce meets the recreational activity of the Lake Texoma area. This approximately 1,760 SF commercial property sits on a prominent corner along State Highway 32 in Lebanon, offering excellent visibility and exposure at a three-way stop. The property includes two lots totaling approximately 0.35 acres, providing an established commercial setting with room to accommodate a variety of business concepts.
Commercial zoning creates flexibility for an owner-user, investor, or entrepreneur looking to capitalize on the area's local and recreational traffic. The property's location lends itself to businesses that can serve visitors enjoying the Lake Texoma area, including outdoor recreation, fishing, boating, camping, dining, convenience, specialty retail, and other service-oriented opportunities. It could also work well for a business serving the surrounding local community or as a strategic location for a regional service operation.
With Highway 32 providing connectivity between the surrounding communities of Marietta, Lebanon, Kingston and the greater Madill area, the property benefits from a highly visible position along an established travel corridor. Its corner location and three-way-stop positioning provide an opportunity to put your business in front of passing traffic rather than relying solely on destination customers.
Whether you're looking to establish a recreation-oriented business, create a convenient stop for Lake Texoma visitors, operate a local service business, or invest in a flexible commercial property with redevelopment potential, this location offers a compelling combination of visibility, accessibility and proximity to one of Oklahoma's premier recreational destinations.
Bring your vision to Lebanon and take advantage of the location, visibility and possibilities this Lake Texoma-area commercial property offers.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,760 SF
Year Built
1968
Price
$139,900
Price Per SF
$79.49
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.12
Lot Size
0.35 AC
Zoning
Commercial
Frontage
175’ on State Highway 32
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
  • Listing ID: 41966579

  • Date on Market: 9/1/2026

  • Last Updated:

  • Address: 21457 State Highway 32 hwy, Lebanon, OK 73440

Contact the Sale Advisor

21457 HWY 32 LEBANON, OK | LAKE TEXOMA AREA | 21457 State Highway 32 hwy

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