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Historic Mixed-Use Property
For Sale
$2,250,000

423 N Campbell Avenue, Springfield, MO 65806

Commercial Sale, Springfield, MO

Property SizeContact for details
Lot Size1.90 Acres
Days on Market424

Property Features for 423 N Campbell Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning HM - Heavy Mfg.
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 5, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 6
Parking 71
Directions Located at the southwest corner of N. Campbell and W. Phelps, downtown Springfield, MO.
Standard status Active
APN 1314406011
Lot size 1.90 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description JORDAN VALLEY SUBDIVISION LOT 1
Tax Annual Amount 40796
Legal Description JORDAN VALLEY SUBDIVISION LOT 1

Building Details

Year built 1895
Listing Agency: Reece Commercial
Listed By: Mark Patrick · License #1999127595
Added: Jun 23, 2025 Changed: Aug 19 Last Checked: Aug 20 at 4:06PM
MLS# 60297779

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.

Investment Insights

Based on property information with market context.

This combined offering includes properties at 423 N. Campbell Avenue and 327 W. Phelps Street in Springfield. The 1.9-acre site contains historic industrial-era buildings constructed in 1895, along with a recently completed surface parking lot providing 71 dedicated spaces. HM - Heavy Mfg. zoning applies to the property, and the buildings were formerly occupied by Positronic Industries.

The site is positioned near Springfield’s C-Street district and center city amenities. It is also adjacent to the Renew Jordan Creek revitalization project, with future trails and open spaces planned nearby. The forthcoming Reed Academy of Fine and Performing Arts is identified in the surrounding redevelopment area.

The existing improvements and parking component create a combined property with multiple structures and a dedicated off-street parking area. The historic buildings offer a defined physical base for evaluating adaptive reuse within the site’s current zoning framework.

Key Highlights

  • 1.9‑acre combined offering at 423 N. Campbell Avenue and 327 W. Phelps Street
  • Historic industrial‑era buildings dating to 1895
  • 327 W. Phelps Street includes a finished surface parking lot with 71 dedicated spaces

Property Analytics

Current Use

Positronic Industrial Manufacturer

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Storage Facility Locksmith Nail Salon Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

2,046
Businesses Nearby

Demographics for 65806, MO

12,529
Population
8,049
Households
1.6
Avg Household Size
27
Median Age
22%
College-Educated
87%
High-School Grad
2.1 sq mi
ZIP Area
5,966
Density / Sq Mi
$28,450
Median Household Income
$21,090
Median Earnings
$840
Median Rent
$85,700
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?
Mixed-use property - Historic buildings and a finished surface parking lot provide a substantial base for redevelopment planning.
Where is this mixed-use property located?
The property is located at 423 N Campbell Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 1.9‑acre combined offering at 423 N. Campbell Avenue and 327 W. Phelps Street; Historic industrial‑era buildings dating to 1895; 327 W. Phelps Street includes a finished surface parking lot with 71 dedicated spaces
More about this property
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