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Office Space with Lot Parking

2500 N Grant Avenue Springfield, MO 65803

2500 N Grant Avenue, Springfield, MO, 65803
$85,000
For Sale
$85,000

Office space with a waiting area and kitchenette, supported by an open lot parking area and circle driveway.

Property Size931 SF
Price / SF$91.30
Days on Market136

Property Features for 2500 N Grant Avenue

General Information

Standard status
Active
Size
931 SF
Property subtype
Retail

Building Details

Year Built
1913
Listing agency Primrose
Listed by Murney Associates
Source Xome
Added: Mar 7 Updated: Jul 21 at 6:33AM Checked: Jul 21 at 6:33AM

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 Primrose


Investment Insights

Based on property information with market context.

This property includes office space with a waiting area and kitchenette, and it has operated as a dog grooming business for many years. The layout is suited for an office use where customers or visitors would wait before meeting with staff.

An open lot parking area and circle driveway provide convenient on-site access. The lot offers ample parking space intended to accommodate trailers and trucks, which can be helpful for service-based businesses.

For sale as a commercial property at 2500 N Grant Avenue in Springfield, Missouri, this is a straightforward option for buyers looking for an office configuration with practical vehicle parking on site.

Key Highlights

  • 1913‑built office space with a waiting area and kitchenette
  • Open lot parking area plus a circle driveway for vehicles and potential trailer/truck parking
  • Previously operated as a dog grooming business for many years

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 $10.3k $11.04
− Vacancy −$442 −$0.47
EGI $9.8k $10.57
− OpEx −$2.5k −$2.64
NOI $7.4k $7.92
931 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$105.4K
$92.2K – $123.0K (±1% cap)
NOI $7,377 @ 7.0% cap · market cap 8.68%
Second Best
Retail
$99.0K
$86.6K – $115.5K (±1% cap)
NOI $6,929 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$140.5K
$123.0K – $163.9K (±1% cap)
NOI $9,836 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Tender Care Grooming Pet Grooming Service

Suggested Use

Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Parking Lot & Garage Accounting Firm Skin Care Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Office space with a waiting area and kitchenette, supported by an open lot parking area and circle driveway.
Where is this office units located?
The property is located at 2500 N Grant Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 1913‑built office space with a waiting area and kitchenette; Open lot parking area plus a circle driveway for vehicles and potential trailer/truck parking; Previously operated as a dog grooming business for many years
Contact an agent
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