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423 N Campbell Ave , Springfield, MO 65806

$2,250,000

6
baths
63,022
sqft
1895
year built

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.

Highlights

  • Commercial Sale
  • Built in 1895
  • 1.9 Acre Lot
  • 506 days on Market

  • Bathrooms
    6
  • Year Built
    1895

  • Acres
    1.9

  • County
    Greene
  • City
    Springfield
  • Zip Code
    65806

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Frequently Asked Questions

How do I schedule a tour of 423 N Campbell Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 423 N Campbell Ave.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 423 N Campbell Ave?

Click Ask a Question to talk with our team. You already know it is a N/A bed, 6 bath, listed for $2,250,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Springfield, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 423 N Campbell Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 423 N Campbell Ave at around $16,204. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 423 N Campbell Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Greene County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 423 N Campbell Ave?

In most cases, yes. Whether 423 N Campbell Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Springfield's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 423 N Campbell Ave?

We can handle that for you. Our preferred local agent specializes in commercial sales in Springfield and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $2,250,000 with 63,022 sqft of space—that comes out to approximately $36 per square foot.

How long has this property been on the market?

423 N Campbell Ave was listed on June 23, 2025, which means it's been on the market for 506 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1895, making it approximately 131 years old.

What is the lot size of this property?

423 N Campbell Ave sits on a 1.9-acre lot, which is 82,764 square feet.

What are the property taxes for 423 N Campbell Ave?

The most recent public record shows annual property taxes for 423 N Campbell Ave were approximately $40,796. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 423 N Campbell Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of Southern Missouri Regional MLS. Real estate listings held by Brokerage firms other than ReeceNichols Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is deemed reliable but not guaranteed, and all information should be verified by the consumer. Any representation that a website contains all listings shall only mean that the website contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. Information deemed reliable but not guaranteed. Copyright © 2026 Southern Missouri Regional MLS. All Rights Reserved.