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$2,750,000
Est. payment /mo
6 Baths
1.9 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID SOM60297779
Full Baths 6
Year Built 1895
Annual Tax Amount $40,795
Tax Year 2024
Lot Size 1.900 Acres
Acres 1.9
Property Sub-Type Other
Source somo
Property 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
State MO
County Greene
Area 63022
Zoning HM - Heavy Mfg.
Direction Located at the southwest corner of N. Campbell and W. Phelps, downtown Springfield, MO.
Interior
Fireplace No
Exterior
Waterfront Description None
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Listed by Mark Patrick Reece Commercial - Springfield
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Riley Cain
Broker Associate | License ID: 2014036958
Broker Associate License ID: 2014036958