423 North Campbell Avenue, Springfield, MO 65806

$2,490,000
Property Type: Commercial-All Types Baths: 6 Square Footage: 63,022 Lot Size (sq. ft.): 82,764 Status: Active
Current Price: $2,490,000 List Date: 6/23/2025 Last Modified: 2/02/2026

Description

Now available as a combined offering, 423 North Campbell Avenue and 327 W. Phelps Street present a premier redevelopment opportunity in the heart of Springfield's emerging Jordan Valley corridor. Formerly home to Positronic Industries, this industrial-era property includes a mix of historic buildings ready for adaptive reuse across more than 1.90 acres. Whether envisioned as creative office space, a vibrant mixed-use complex, or an innovation hub, this site offers substantial square footage, flexible zoning, and a high-visibility location near the booming C-Street district and center city amenities. Adding to its appeal, 327 W. Phelps has just been completed as a professionally finished surface parking lot with 71 dedicated spaces, delivering a critical amenity in a high-demand downtown market. The property sits just steps from the $25 million Renew Jordan Creek revitalization project, which will uncover and restore a long-buried creek, creating a walkable greenway through downtown. With direct access to future trails, open spaces, and the forthcoming Reed Academy of Fine and Performing Arts, this offering is perfectly positioned to anchor Springfield's next wave of urban redevelopment. Investors and visionaries take note—this is a one-of-a-kind chance to shape the future of the city.

More Information MLS# 60297779

Contract Information

Construction Status: Existing Transaction Type: Sale List Price/SqFt: 39.51 Foreclosure/Short Sale: No Property Sub-Type: Other Begin Date: 2025-06-23 List Price: $2,490,000 Agreement Type: Exclusive Right To Sell Sign on Property: 1

Location, Tax and Other Information

Inside City Limits: Yes RE Tax Provided By: Assessor Records

General Property Description

SqFt - Vacant: 63022 SqFt - Office Space: 28394 SqFt - Retail Space: 0 Waterfront/View: None Lake/River: None Parking Ratio: 71 Baths - Total: 6 Total SqFt: 63022 Aprx Year Built: 1895 Aprx Lot Size (Acres): 1.9 Lot Dimensions: Acres

Location Tax and Other Information

Street #: 423 Street Direction: North Street Name/Route: Campbell Suffix: Avenue County: Greene State/Province: MO Zip Code: 65806 Parcel ID: 1314406011 Cross Street: N. Campbell and W. Phelps Real Estate Tax: 40795.57 Tax Year: 2024 Legal Description: JORDAN VALLEY SUBDIVISION LOT 1 Zoning: HM - Heavy Mfg.

Remarks Misc

Directions: Located at the southwest corner of N. Campbell and W. Phelps, downtown Springfield, MO.

Status Change Info

Status: Active
Listing Office: Reece Commercial
IDX
Last Updated: February - 02 - 2026
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