423 N Campbell
423 N Campbell, Springfield, MO 65806
$2,250,000
Type
Other
Sq Ft
63,022
Lot Size
1.9 acres
Year Built
1895
Cap Rate
N/A
Price/SqFt
N/A
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.
Location
Listing courtesy of Mark Patrick, Reece Commercial.
Listing information is provided by the Southern Missouri Regional MLS (SOMO) via MLS Grid and is deemed reliable but not guaranteed. Data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Southern Missouri Regional MLS. All rights reserved. Data last updated Sep 8, 2026, 12:22 AM.


