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21457 HWY 32 LEBANON, OK | LAKE TEXOMA AREA 21457 Highway 32 1,760 SF Retail Building Lebanon, OK 73440 $193,700 CAD ($110.06 CAD/SF)



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.
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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,760 SF
Building Class
C
Year Built
1968
Price
$193,700 CAD
Price Per SF
$110.06 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.35 AC
Zoning
Commercial
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0250-00-023-001-0-000-00 | Total Assessment | $15,992 CAD |
| Land Assessment | $9,326 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $6,666 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
0250-00-023-001-0-000-00
Land Assessment
$9,326 CAD
Improvements Assessment
$6,666 CAD
Total Assessment
$15,992 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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21457 HWY 32 LEBANON, OK | LAKE TEXOMA AREA | 21457 Highway 32
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