500 Keene St Columbia, MO 65201

This exceptional investment opportunity presents five Class A medical office condos totaling 9,086 square feet, situated on the second floor of a four-story building at 500 N. Keene St., Columbia, MO. The property, built in 2001, offers a total of 18 condominiums within a 4.37-acre lot and boasts 200 parking spaces. These five contiguous suites (202, 204, 205, 206, and 207) are available for sale as a package for $1,792,885, representing 15% of the building's rentable space. Each suite offers unique layouts and sizes, ranging from 718 to 3,761 square feet, catering to various medical practices. The building enjoys a 41% occupancy rate, with the University of Missouri as a significant tenant, leasing 35% of the space and owning an additional 40%. The remaining space is occupied by private practitioners specializing in ophthalmology, optometry, and medical oncology. All suites are currently available for lease to medical practitioners, with lease terms on a NNN basis. The building features convenient access to the adjacent University of Missouri Women's Hospital, elevator and stairwell access, and ample parking. Annual rent bumps are set at 1%. The property is zoned M-OF Mixed Use - Office, offering flexibility for future development. This fee-simple ownership opportunity provides a strong return on investment in a thriving medical district. Individual suite pricing and lease rates vary.