# City of Lebanon Ionwave #ND-99-261013-W-1029

City of Lebanon Sale of Real Property at 771 Sarah Street

**Posted:** October 05, 2026
**Respond By:** October 13, 2026
**Identifier:** ND-99-261013-W-1029
**NAICS:** 531190

The City of Lebanon, Missouri, is offering one city-owned parcel at 771 Sarah Street for sale.
- **Government buyer:** City of Lebanon, Missouri; no sub-agency or office is identified.
- **Property:** One approximately 55-by-140-foot parcel zoned RS-2, considered suitable for a small single-family home; residential or commercial reuse may be proposed as appropriate.
- **Offer terms:** Property is sold as-is, with a minimum offer of $100 except for transfers to eligible government or nonprofit agencies. The buyer is responsible for any required survey and title work and for addressing construction-readiness matters.
- **Evaluation and transaction requirements:** Offers are considered based on price, financial ability, proposed use, and the City's best interest, subject to City Council approval. Earnest money must equal 5% of the purchase price or $100, whichever is greater. The offer remains irrevocable for 90 days after opening, and the successful bidder must complete the transaction within 90 days of acceptance. A recapture agreement may return the property to the City at no cost if development is not completed within five years after transfer.
- **Named organization/platform:** Ion Wave Technologies is identified as the e-bidding platform. No product manufacturer or OEM is identified.

### Description

The City of Lebanon, Missouri, invites bids for the sale of City-owned real property at 771 Sarah Street, Lebanon, Missouri 65536. The property is approximately a 55-by-140-foot lot, zoned RS-2, where a small single-family home would be appropriate. Bids are submitted electronically through Ion Wave, and the City will evaluate proposals based on factors including purchase price, financial ability, and proposed use. The property is sold as is, with a minimum offer of $100 unless transferred to an eligible governmental or nonprofit agency.

[View original listing](https://lebanonmissouri.ionwave.net/PublicDetail.aspx?bidID=595&SourceType=1)