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
Last Updated: February - 02 - 2026
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