2240 N Grant Avenue, Springfield, MO 65803
- Added:
- May 7, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 27 at 6:06 pm
Property Features for 2240 N Grant Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- INC
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Standard status
- Pending
- APN
- 1311114014
- Size
- 1,368 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FAIRVIEW ADD W 22 FT E 152 FT LOT 3 & E 56 FT W 75 FT LOT 4 BLK C
- Tax Annual Amount
- 1711
Building Details
- Year built
- 1953
Listing agent Echo Combs License #2022010364 (417) 545-1981
Listing office Jones - Lassley Realty, Inc 103 S Third St Ste B, Ozark, MO (417) 581-6213
Listing date May 7, 2026
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Renovated 1,368 sq ft commercial space suitable for various small businesses.
- Potential for up to five private office spaces.
- Clean, modern aesthetic with stylish finishes and welcoming common areas.
- Convenient Springfield location with great visibility and easy access.
- Backyard provides additional parking potential or flexible outdoor use space.
- Includes a kitchenette for added convenience.
Overview
The property is located at 2240 N Grant Avenue in Springfield, MO 65803, within zoning designated as INC. In addition to the indoor work areas, there is a backyard that can be used for flexible outdoor space and may support additional parking needs depending on how the site is configured.
With its ability to accommodate multiple private offices, this space can fit a range of smaller professional and service uses that benefit from suite-style operations. It may be suitable for an owner-occupant seeking a modernized interior, or for an investor looking for a flexible setup that can be organized around private offices and shared common areas. Prospective tenants and buyers should review the on-site layout and intended office configuration to confirm it aligns with their operational needs.
Local Financial Insights For Office B
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 | $15.1k | $11.04 |
| − Vacancy | −$649 | −$0.47 |
| EGI | $14.5k | $10.57 |
| − OpEx | −$3.6k | −$2.64 |
| NOI | $10.8k | $7.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Greene
- State
- Missouri
- Longitude
- -93.297482
- Latitude
- 37.238227
