111 E Grand Avenue, Jasper, MO 64755
- Added:
- Jul 6, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 7 at 6:06 am
Property Features for 111 E Grand Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- Size
- 882 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 274
Utilities
- Utilities
- Electricity Available
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1968
- Flooring type
- Concrete
- Roof type
- Metal
Listing agent Kylin Garvin-Smith License #2016012755 (417) 439-4281
Listing office BURL M. GARVIN REALTOR 1515 MAIN, JOPLIN, MO (417) 623-8100
Listing date Jul 6, 2026
Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Beauty salon space in downtown Jasper, built in 1968
- Includes two hydraulic salon chairs, a washing station, and an esthetician/massage bed
- Washer/dryer included in the salon space
- Central heating (natural gas) and central air cooling
- Metal roof and concrete flooring
- Can be purchased without salon equipment; suitable for any business
Overview
Located at 111 E Grand Avenue in Jasper, Missouri, the space is positioned for small-town foot traffic and easy local access. The offering is specifically set up as a salon environment, while still being flexible enough to support alternate business uses depending on an owner’s approach.
The practical tenant/operator fit includes stylists, estheticians, massage therapists, and other beauty and wellness professionals seeking a ready-made treatment and service layout. Importantly, the space is available for purchase without the salon equipment, which can allow buyers to adapt the interior for a different concept if desired. Whether you’re starting a new practice or taking over an existing setup, this is a compact, specialized commercial property designed to support service-based operations from day one.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.4k | $14.04 |
| − Vacancy | −$495 | −$0.56 |
| EGI | $11.9k | $13.48 |
| − OpEx | −$3.6k | −$4.04 |
| NOI | $8.3k | $9.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jasper
- County
- Jasper
- State
- Missouri
- Longitude
- -94.301516
- Latitude
- 37.336359
