30695 Hwy 5 Rare opportunity to own a 45, 000 sq ft multi-purpose arena on 10 acres just minutes from Lebanon, MO with quick access to Interstate 44. This established equine event facility is fully equipped and ready to generate income from day one. The property includes 100 horse stalls, additional outdoor pens, and a large indoor arena capable of hosting horse shows, rodeos, livestock events, auctions, expos, and more. Designed for high-capacity events, the layout supports both participants and spectators with ease. Additional income streams are built right in, including a concession stand, retail sales space, and 10 RV hookups, making it ideal for multi-day events and vendor opportunities. With strong income-producing potential and room for expansion, this property is perfect for investors, event operators, or equine professionals looking to grow their business in a prime, accessible location.