New ListingOffered at $389,000, this approximately 5,518-square-foot income-producing commercial property at 1623-1625 N. Campbell Avenue in north-central Springfield is situated on approximately 0.49 acres. The property features two separately addressed commercial units, both currently tenant-occupied with stated lease terms through July 2027. Located just south of Historic Commercial Street, the property offers convenient access to Downtown Springfield, Division Street, Kansas Expressway and Interstate 44. Its two-unit configuration and reported industrial-commercial zoning provide flexibility for a variety of commercial, service, office, storage or light-industrial uses, subject to City approval. The 1623 unit features an open floor plan and ADA accessible bathroom. The 1625 unit includes several office or work areas, two restrooms and separate rear storage. Both units have rear overhead-door access and share a security fenced rear area with double-gate access. Additional side-lot area is included within the same parcel and offers added flexibility, with any future use subject to City approval. No designated parking spaces are included; street parking is presently available along N. Campbell Avenue, the back lot, and alleyway. The property is also located within federally designated Opportunity Zone Census Tract 29077000600, which may provide tax advantages for qualifying investments. Buyers should consult their tax adviser regarding eligibility.
| MLS # | 60332961 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 4 |
| Listing Provided By | Smith Realty | Genevieve H. Henry |
| Bath(s) | 3 |
|---|---|
| SQ Feet | 5,518 |
| Units | 2 |
| Zoning | INC |
| Acreage | 0.49 |
| Property View | City |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central, Electric |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Built-in Garage, Gravel, On Street |
| Property | 3254 |
|---|
| State | MO |
|---|---|
| County | Greene |
| City | Springfield |
| Zip Code | 65803 |
| Listing VS Median (in 65803) | |
Price: $389,000 low | high Med: $198,000 sqft: 5,518 low | high Med: 1,401 $ / sqft: $70 low | high Med: $142 On site: 4 low | high Med: 21 | |
| State | MO |
|---|---|
| County | Greene |
| City | Springfield |
| Zip Code | 65803 |
| Listing VS Median (in 65803) | |
Price: $389,000 low | high Med: $198,000 sqft: 5,518 low | high Med: 1,401 $ / sqft: $70 low | high Med: $142 On site: 4 low | high Med: 21 | |