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500 N Keene St
Columbia, MO 65201
Office Property For Sale
·
80,000 SF
Investment Highlights
- Medical office condos with direct access to University of Missouri Women's Hospital
- Investment and Owner/User opportunities available
- Premiere location in the heart of Columbia, MO's Keene Street medical district
Executive Summary
The subject property is a four-story medical office building consisting of a mixture of University of Missouri medical practices and private medical practices. The building contains 18 condos which are owned by 5 entities in total. The 500 Keene building is situated in Columbia, Missouri's medical district with direct access to the University of Missouri Women's Hospital. The second and third floors of 500 Keene feature direct access to the Hospital allowing for easy access for medical practitioners who office in 500 Keene. The subject property is managed by a condo association that handles all of the building maintenance. Recent building improvements include resurfacing of the parking lot, foundation repairs, and cosmetic enhancements.
6 Units Available
Unit 101
| Unit Size | 7,016 SF | Sale Type | Owner User |
| Condo Use | Medical | No. Parking Spaces | 200 |
| Unit Size | 7,016 SF |
| Condo Use | Medical |
| Sale Type | Owner User |
| No. Parking Spaces | 200 |
Description
The buildout features a large waiting room, built-in reception desk, 3 restrooms, 13 exam rooms, 7 offices, and several smaller rooms that may be converted to office/exam rooms.
Sale Notes
For Sale: $1,578,600
For Lease: $17 S.F. NNN
Property Overview:
7,016 S.F. medical office available for sale or for lease on the first floor of 500 Keene St.
Occupied by an eye care clinic, will move upon sale or lease.
NNN terms: $2.18 S.F. Taxes & $3.75 S.F. Condo Dues
The furniture and medical equipment are not included in the sale.
The property offers abundant common area parking, over 200+ spaces.
Building uses are restricted to medical only.
The property fronts Keene St. and offers convenient access to
interstate 70 and highway 63.
All tours must be conducted through the listing broker and
scheduled with 24-hour notice.
Unit 202
| Unit Size | 1,184 SF | Sale Type | Investment |
| Condo Use | Office/Medical |
| Unit Size | 1,184 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment |
Description
Medical office condo featuring a waiting room, reception, nurse station, 3 treatment rooms, a work room, and an office. Primary access via common area elevators.
Sale Notes
Fully built out medical office condo available for sale or lease. The condo offers direct access to the first floor of the adjacent University of Missouri Women's Hospital. There are a combined 5 suites available for sale or lease on the second floor. The remaining floors are 100% leased to medical practices.
Floor Plan
Unit 204
| Unit Size | 1,267 SF | Sale Type | Investment or Owner User |
| Condo Use | Office | No. Parking Spaces | 50 |
| Unit Size | 1,267 SF |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 50 |
Description
Suite 204 offers 3 private offices with window views facing north, and 2 spaces for an open office concept.
Suite can be combined with suite 205 as the units share access from the common area.
The Suite offers direct access to the first floor of University of Missouri Women’s
Hospital.
Common area restrooms available.
Elevator and stairwell access available.
Virtual tour available at www.mahercre.com
Sale Notes
Suite 204 offers 3 private offices with window views facing north, and 2 spaces for an open office concept.
Suite can be combined with suite 205 as the units share access from the common area.
The Suite offers direct access to the first floor of University of Missouri Women’s
Hospital.
Common area restrooms available.
Elevator and stairwell access available.
Virtual tour available at www.mahercre.com
Unit 205
| Unit Size | 718 SF | Cap Rate | 8.90% |
| Condo Use | Office/Medical | NOI | $15,733.39 CAD |
| Sale Type | Investment or Owner User | No. Parking Spaces | 50 |
| Unit Size | 718 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.90% |
| NOI | $15,733.39 CAD |
| No. Parking Spaces | 50 |
Sale Notes
Prime medical office suite available for lease at 500 Keene St., Suite 205 in Columbia, Missouri, currently occupied by Alpha Medical Labs through January 31, 2028. This stabilized, income-producing opportunity offers investors and owner-users a turnkey medical tenant in place with predictable cash flow through the lease term. Contact Maher Commercial Real Estate to learn more about this sought-after medical office asset in Columbia's growing healthcare corridor.
Unit 206
| Unit Size | 2,156 SF | Sale Type | Investment or Owner User |
| Condo Use | Office/Medical | No. Parking Spaces | 50 |
| Unit Size | 2,156 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 50 |
Description
Suite 206 offers 9 private offices with 3 private restrooms. Many of the offices can be converted to exam rooms.
The Suite offers direct access to the first floor of University of Missouri Women’s Hospital.
Common area restrooms available.
Elevator and stairwell access available.
Virtual tour available at www.mahercre.com
Sale Notes
Suite 206 offers 9 private offices with 3 private restrooms. Many of the offices can be converted to exam rooms.
The Suite offers direct access to the first floor of University of Missouri Women’s Hospital.
Common area restrooms available.
Elevator and stairwell access available.
Virtual tour available at www.mahercre.com
Unit 207
| Unit Size | 3,761 SF | Sale Type | Investment |
| Condo Use | Medical | No. Parking Spaces | 50 |
| Unit Size | 3,761 SF |
| Condo Use | Medical |
| Sale Type | Investment |
| No. Parking Spaces | 50 |
Description
3,761 S.F. Class A medical office available for sale or lease in the Keene St. medical district.
Lease on a NNN basis, estimated at $5.60 S.F.
Space features a reception, waiting room, several private offices and treatment rooms.
No structural walls within the condo allowing for flexible reconfiguration of the floorplan.
The suite is located on the second floor of the Keene Medical Building, stairwell and elevator access available.
The Keene Medical Building is situated on the hard corner of Keene St. & Berrywood Dr., in the heart of the premiere medical district in Columbia, MO. ?
Sale Notes
3,761 S.F. Class A medical office available for sale or lease in the Keene St. medical district.
Lease on a NNN basis, estimated at $5.60 S.F.
Space features a reception, waiting room, several private offices and treatment rooms.
No structural walls within the condo allowing for flexible reconfiguration of the floorplan.
The suite is located on the second floor of the Keene Medical Building, stairwell and elevator access available.
The Keene Medical Building is situated on the hard corner of Keene St. & Berrywood Dr., in the heart of the premiere medical district in Columbia, MO. ?
Property Facts
| Total Building Size | 80,000 SF | Typical Floor Size | 20,000 SF |
| Property Type | Office | Year Built | 1983 |
| Property Subtype | Medical | Lot Size | 4.37 AC |
| Building Class | B | Parking Ratio | 3.82/1,000 SF |
| Floors | 4 | ||
| Zoning | M-OF - Keene Medical Building features premium medical office space in Columbia, MO. Occupants include the University of Missouri Health Care among others. | ||
| Total Building Size | 80,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 20,000 SF |
| Year Built | 1983 |
| Lot Size | 4.37 AC |
| Parking Ratio | 3.82/1,000 SF |
| Zoning | M-OF - Keene Medical Building features premium medical office space in Columbia, MO. Occupants include the University of Missouri Health Care among others. |
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Signage
- Accent Lighting
- Atrium
- Central Heating
- Drop Ceiling
- Air Conditioning
