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Finished Flex Space with Storefront
For Sale
$239,900

208 Immanuel Avenue, New Haven, MO 63068

Finished commercial space with adaptable interior areas, rooftop HVAC, fiber internet, and C3 zoning near an established business center.

Property Size2,500 SF
Price / SF$95.96
Days on Market59

Property Features for 208 Immanuel Avenue

General Information

Standard status Active
Size 2,500 SF
Property subtype Commercial
Zoning C3

Additional Details

Three-Phase Power Yes

Taxes and HOA fees

Annual Taxes $2,960

Amenities

glass store front
arched stone entryway
handicap accessible bathroom
completely built out space
2 Rooftop HVAC units
3 phase/1 phase electric
lighting throughout
LVP flooring in front entrance area
fiber internet
large rear area that is finished but with concrete floor

Building Details

Building Size 2,500 SF
Year Built 2008
Buildings 1
Tenancy Single
Listing Agency: RE/MAX Today
Listed By: Aaron Swann · License #2005028195
Source: Century21laclede
Added: Jun 5 Changed: Aug 2 Last Checked: Aug 2 at 2:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Today

Investment Insights

Based on property information with market context.

This 2,500-square-foot flex property, constructed in 2008, provides a finished 50-by-50-foot layout with a glass storefront, arched stone entry, and an ADA-accessible bathroom. Interior improvements include an entry foyer, customer-facing areas, a glass-enclosed office, meeting space, and a finished rear section with concrete flooring. The configuration can be separated into two 1,250-square-foot suites or divided further for a business center or other commercial arrangement.

C3 zoning supports a broad range of stated commercial applications, including retail, restaurant, office, medical, warehouse, distribution, repair, contractor, and HVAC uses. Building systems include two rooftop HVAC units, three-phase and single-phase electric service, lighting throughout, LVP flooring in the front area, and fiber internet. The property is positioned within the Stonehurst development near Hwy 100, alongside businesses that include a liquor store, cafe, print shop, gym, and hair salon.

Key Highlights

  • 2,500 SF finished flex space with a 50‑by‑50‑foot footprint
  • Glass storefront, arched stone entry, and ADA‑accessible bathroom
  • Can be configured as two 1,250‑square‑foot suites or divided further

Financial Insights For Warehouse

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 $23.7k $9.48
− Vacancy −$1.0k −$0.41
EGI $22.7k $9.07
− OpEx −$3.4k −$1.36
NOI $19.3k $7.71
2,500 SF · lease $9.48/SF/yr · vacancy 4.30% · expense 15.00%

Alternative Uses

Best Use
Office B
$481.4K
$421.2K – $561.6K (±1% cap)
NOI $33,696 @ 7.0% cap · market cap 14.05%
Second Best
Retail
$336.3K
$294.2K – $392.3K (±1% cap)
NOI $23,538 @ 7.0% cap · market cap 9.81%
Theoretical Best
Office A
$736.0K
$644.0K – $858.7K (±1% cap)
NOI $51,520 @ 7.0% cap · market cap 21.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

Demographics for 63068, MO

5,113
Population
2,442
Households
2.1
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
91.9 sq mi
ZIP Area
56
Density / Sq Mi
$81,750
Median Household Income
$45,349
Median Earnings
$825
Median Rent
$209,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Finished commercial space with adaptable interior areas, rooftop HVAC, fiber internet, and C3 zoning near an established business center.
Where is this flex space located?
The property is located at 208 Immanuel Avenue New Haven, MO.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 2,500 SF finished flex space with a 50‑by‑50‑foot footprint; Glass storefront, arched stone entry, and ADA‑accessible bathroom; Can be configured as two 1,250‑square‑foot suites or divided further
More about this property
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