Mixed-Use Property in Downtown
420 S Campbell Ave Springfield, MO 65806
420 S Campbell Ave, Springfield, MO, 65806
$1,300,000
For Sale
$1,300,000
Mixed-use property with retail and apartments in Downtown Springfield.
Property Size12,577 SF
Price / SF$103.36
Days on Market244
Property Features for 420 S Campbell Ave
General Information
- Standard status
- Active
- Size
- 12,577 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1904
Listing agency
(417) 860-5447
Listed by
Jeff Childs, SIOR, CCIM
(417) 860-5447
Source
Svn
Added: Nov 21, 2025 Updated: Jul 6 at 8:49AM Checked: Jul 23 at 5:58AM
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 Jeff Childs, SIOR, CCIM
Investment Insights
Based on property information with market context.
This mixed-use property is located in Downtown Springfield, Missouri, at the corner of Campbell and Pershing. The property includes two retail spaces, three apartments, and a 2,700 square-foot unfinished basement used for storage. Retail Space 1 is 1,500 square feet, and Retail Space 2 is 4,200 square feet. Apartment A and Apartment B are each 1,500 square feet, while Apartment C is 500 square feet. The total property size is 12,577 square feet. One of the retail spaces was formerly used as a bar.
Key Highlights
- Mixed‑use property with retail and residential income potential.
- Prime Downtown Springfield location at the corner of Campbell and Pershing.
- Two retail spaces: 1,500 SF and 4,200 SF. One retail space formerly used as a bar.
Local Financial Insights For Apartment 5plus
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 | $197.7k | $15.72 |
| − Vacancy | −$12.9k | −$1.02 |
| EGI | $184.9k | $14.70 |
| − OpEx | −$83.2k | −$6.61 |
| NOI | $101.7k | $8.08 |
12,577 SF · lease $15.72/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,673 @ 7.0% cap · market cap 7.82%
Second Best
Mixed Use
$1.34M
$1.18M – $1.57M
NOI $94,092 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,880 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bathroom Remodel Springfield ...
Renovation Specialist
Colorful Vibes
Hardware & Home Improvement
MSU Brick City ...
University
Tropical Liqueurs
Bar & Pub
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail and apartments in Downtown Springfield.
Where is this mixed-use property located?
The property is located at 420 S Campbell Ave Springfield, MO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use property with retail and residential income potential.; Prime Downtown Springfield location at the corner of Campbell and Pershing.; Two retail spaces: 1,500 SF and 4,200 SF. One retail space formerly used as a bar.
