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Offered 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.
Features
Age: Over 50 Years Old
Building Units: 2
Cooling System: Electric
Cooling System: Central Air
Heating System: Forced Air
Heating System: Natural Gas
Legal Description: NORTH SPRINGFIELD O P LOT 3 & N 38 FT LOT 4 BLK 13 & BEG NE COR LOT 3 N 16 FTW 130 FT S 16 FT E TO BEG