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Mixed-Use Property in Downtown Springfield

420 S Campbell Ave, Springfield, MO 65806

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For Sale

$1,300,000

Mixed-use property with retail and apartments in Downtown Springfield.

Type:Retail

Property size:

12,577 SF

Price / SF:

$103/SF

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.
Three apartments: Two at 1,500 SF and one at 500 SF.
2,700 SF unfinished basement for storage.

We can help!

Contact an agent

Jeff Childs, SIOR, CCIM

For Sale

$1,300,000

Mixed-use property with retail and apartments in Downtown Springfield.

Type:Retail

Property size:

12,577 SF

Price / SF:

$103/SF

Added:: Nov 21, 2025
Days on Market:: 228
Last Refresh:: May 9 at 12:26 am

Property Features for 420 S Campbell Ave

General Information

Standard status: Active
Size: 12,577 SF
Property subtype: Retail

Building Details

Year Built: 1904

We can help!

Contact an agent

Jeff Childs, SIOR, CCIM

Listing office

Listing date Nov 21, 2025

Source Svn

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

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.
Three apartments: Two at 1,500 SF and one at 500 SF.
2,700 SF unfinished basement for storage.

Overview

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.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $101,673 @ 7.0% cap · market cap 7.82%

Second Best

Mixed Use

$1.34M

$1.18M – $1.57M (±1% cap)

NOI $94,092 @ 7.0% cap · market cap 7.24%

Theoretical Best

Office A

$1.90M

$1.66M – $2.21M (±1% cap)

NOI $132,880 @ 7.0% cap · market cap 10.22%

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

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

Suggested Use

Location Insight

Map
Local Demand

City: Springfield
County: Greene
State: Missouri
Longitude: -93.2936984
Latitude: 37.2120092

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For sale
Mixed-use properties
MO
Springfield
65806
420 S Campbell Ave

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.