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500 N Keene St 718 - 7,016 SF Condo Units Offered at $129,240 - $1,578,600 Per Unit in Columbia, MO 65201
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.
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6 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | No. Parking Spaces | 200 |
| 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.
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.
| Sale Type | Investment |
| 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.
| Sale Type | Investment or Owner User | No. Parking Spaces | 50 |
| 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
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
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 Type | Investment or Owner User | No. Parking Spaces | 50 |
| Cap Rate | 8.90% |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.90% |
| 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.
| Sale Type | Investment or Owner User | No. Parking Spaces | 50 |
| 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
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
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 Type | Investment | No. Parking Spaces | 50 |
| 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. ?
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. ?
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. ?
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 7,016 SF | Medical | $1,578,600 ($225.00/SF) | - |
| Unit 202 | 1,184 SF | Office/Medical | $195,000 ($164.70/SF) | - |
| Unit 204 | 1,267 SF | Office | $228,060 ($180.00/SF) | - |
| Unit 205 | 718 SF | Office/Medical | $129,240 ($180.00/SF) | $11,502.36 |
| Unit 206 | 2,156 SF | Office/Medical | $388,080 ($180.00/SF) | - |
| Unit 207 | 3,761 SF | Medical | $846,225 ($225.00/SF) | - |
Unit 101
| Unit Size |
| 7,016 SF |
| Condo Use |
| Medical |
| Price |
| $1,578,600 ($225.00/SF) |
| NOI |
| - |
Unit 202
| Unit Size |
| 1,184 SF |
| Condo Use |
| Office/Medical |
| Price |
| $195,000 ($164.70/SF) |
| NOI |
| - |
Unit 204
| Unit Size |
| 1,267 SF |
| Condo Use |
| Office |
| Price |
| $228,060 ($180.00/SF) |
| NOI |
| - |
Unit 205
| Unit Size |
| 718 SF |
| Condo Use |
| Office/Medical |
| Price |
| $129,240 ($180.00/SF) |
| NOI |
| $11,502.36 |
Unit 206
| Unit Size |
| 2,156 SF |
| Condo Use |
| Office/Medical |
| Price |
| $388,080 ($180.00/SF) |
| NOI |
| - |
Unit 207
| Unit Size |
| 3,761 SF |
| Condo Use |
| Medical |
| Price |
| $846,225 ($225.00/SF) |
| NOI |
| - |
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Videos
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Map
Unit 101
| Unit Size | 7,016 SF |
| Condo Use | Medical |
| Price | $1,578,600 ($225.00/SF) |
| NOI | - |
| 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.</li></ul> | |
| Sale Notes | |
| For Sale: $1,578,600<br> For Lease: $17 S.F. NNN<br> Property Overview:<br> 7,016 S.F. medical office available for sale or for lease on the first floor of 500 Keene St. <br> Occupied by an eye care clinic, will move upon sale or lease.<br> NNN terms: $2.18 S.F. Taxes & $3.75 S.F. Condo Dues<br> The furniture and medical equipment are not included in the sale.<br> The property offers abundant common area parking, over 200+ spaces. <br> Building uses are restricted to medical only. <br> The property fronts Keene St. and offers convenient access to <br> interstate 70 and highway 63. <br> All tours must be conducted through the listing broker and <br> scheduled with 24-hour notice.</li></ul> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 202
| Unit Size | 1,184 SF |
| Condo Use | Office/Medical |
| Price | $195,000 ($164.70/SF) |
| NOI | - |
| 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.</li></ul> | |
| 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.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 204
| Unit Size | 1,267 SF |
| Condo Use | Office |
| Price | $228,060 ($180.00/SF) |
| NOI | - |
| 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. <br> Suite can be combined with suite 205 as the units share access from the common area.<br> The Suite offers direct access to the first floor of University of Missouri Women’s <br> Hospital.<br> Common area restrooms available. <br> Elevator and stairwell access available.<br> Virtual tour available at www.mahercre.com</li></ul> | |
| Sale Notes | |
| Suite 204 offers 3 private offices with window views facing north, and 2 spaces for an open office concept. <br> Suite can be combined with suite 205 as the units share access from the common area.<br> The Suite offers direct access to the first floor of University of Missouri Women’s <br> Hospital.<br> Common area restrooms available. <br> Elevator and stairwell access available.<br> Virtual tour available at www.mahercre.com</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 205
| Unit Size | 718 SF |
| Condo Use | Office/Medical |
| Price | $129,240 ($180.00/SF) |
| NOI | $11,502.36 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.90% |
| 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.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 206
| Unit Size | 2,156 SF |
| Condo Use | Office/Medical |
| Price | $388,080 ($180.00/SF) |
| NOI | - |
| 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. <br> The Suite offers direct access to the first floor of University of Missouri Women’s Hospital.<br> Common area restrooms available. <br> Elevator and stairwell access available.<br> Virtual tour available at www.mahercre.com</li></ul> | |
| Sale Notes | |
| Suite 206 offers 9 private offices with 3 private restrooms. Many of the offices can be converted to exam rooms. <br> The Suite offers direct access to the first floor of University of Missouri Women’s Hospital.<br> Common area restrooms available. <br> Elevator and stairwell access available.<br> Virtual tour available at www.mahercre.com</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 207
| Unit Size | 3,761 SF |
| Condo Use | Medical |
| Price | $846,225 ($225.00/SF) |
| NOI | - |
| 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.<br> Lease on a NNN basis, estimated at $5.60 S.F.<br> Space features a reception, waiting room, several private offices and treatment rooms.<br> No structural walls within the condo allowing for flexible reconfiguration of the floorplan.<br> The suite is located on the second floor of the Keene Medical Building, stairwell and elevator access available. <br> 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. ?</li></ul> | |
| Sale Notes | |
| 3,761 S.F. Class A medical office available for sale or lease in the Keene St. medical district.<br> Lease on a NNN basis, estimated at $5.60 S.F.<br> Space features a reception, waiting room, several private offices and treatment rooms.<br> No structural walls within the condo allowing for flexible reconfiguration of the floorplan.<br> The suite is located on the second floor of the Keene Medical Building, stairwell and elevator access available. <br> 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. ?</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
1 of 46
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Street
Map
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Maher Commercial Real Estate
500 N Keene St
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