Marcus & Millichap is pleased to present the Staybridge Suites Columbia-Hwy 63 & I-70 (the “Property”), located at 805 Keene Street in Columbia, Missouri. Originally constructed in 1999 and renovated in 2020, the hotel features 80 guest rooms across four stories on approximately 2.64 acres. Strategically positioned near the intersection of Interstate 70 and U.S. Highway 63, the Property benefits from exceptional regional accessibility within one of Missouri’s strongest university and healthcare-driven markets. The upscale, extended-stay Hotel is offered at $11,000,000 or $137,500 per key.
The Property is designed to accommodate both short-term and extended-stay travelers with a comprehensive amenity package including a business center, fitness center, indoor pool and hot tub, and approximately 675 square feet of meeting and event space. With approximately 84 parking spaces and convenient access to Columbia’s major demand generators, the hotel is well-positioned to capture a broad mix of university, healthcare, corporate, and leisure demand.
The Staybridge Suites Columbia-Hwy 63 & I-70 benefits from proximity to several of Columbia’s largest employers and institutions, including the University of Missouri, University of Missouri Health Care, Boone Hospital Center, Women’s & Children’s Hospital, Shelter Insurance Headquarters, and State Farm regional operations. The Property also enjoys convenient access to Columbia’s vibrant downtown district, known locally as “The District,” as well as numerous cultural, recreational, and entertainment destinations including Faurot Field, Mizzou Arena, Stephens Lake Park, Rock Bridge Memorial State Park, and the MKT Nature & Fitness Trail.
STABLE GROWTH DRIVEN BY EDUCATION, HEALTHCARE, AND INSURANCE
Columbia benefits from a highly stable and diversified economy anchored by the University of Missouri, healthcare systems, insurance companies, and government-related employment. The University of Missouri serves as the city’s primary economic engine, with Mizzou Athletics and SEC football creating some of the strongest hotel demand periods of the year. The Tigers’ Southeastern Conference (SEC) football schedule generates substantial visitation from alumni, fans, teams, media, and university affiliates, driving compression across the market during approximately six to eight home football weekends annually. These high-demand weekends regularly command premium hotel rates, with some properties achieving rates approaching $999 per night during marquee events such as Homecoming, underscoring the significant revenue impact of SEC football on the local hospitality market. Healthcare is another major pillar of the local economy, led by the University of Missouri Health Care, Boone Hospital Center, and Women’s & Children’s Hospital, which generates steady travel from medical professionals, patients, and visiting families. Additionally, major employers such as Shelter Insurance Headquarters and State Farm’s regional operations further diversify the local economy and contribute to year-round corporate travel demand, providing a balanced mix of business, healthcare, and university-related lodging demand. Additionally, the nearby Callaway Energy Center, located approximately 25 miles east of Columbia, serves as another important lodging demand generator. The facility periodically attracts large numbers of specialized contractors, engineers, and technical personnel for refueling outages, maintenance projects, and capital improvements, creating significant extended-stay and long-term lodging demand throughout the region. The combination of education, healthcare, and professional services has positioned Columbia as one of the most resilient and consistently growing markets in Missouri.
UNMATCHED REGIONAL CONNECTIVITY AND CONTINUED INFRASTRUCTURE INVESTMENT
Columbia’s strategic location in central Missouri provides excellent regional accessibility and transportation connectivity, allowing for convenient access to major employers, healthcare institutions, and entertainment destinations throughout the market. The city is anchored by Interstate 70, one of the nation’s primary east-west transportation corridors, and U.S. Highway 63, which serves as a major north-south route through the state. Columbia Regional Airport provides commercial air service and further enhances regional connectivity for both business and leisure travelers. Columbia continues to experience steady commercial and infrastructure investment supported by long-term economic growth and population expansion. Major transportation initiatives include the $441 million I-70 Rocheport to Columbia DesignBuild project, which will widen Interstate 70 to three lanes in each direction and reconstruct interchanges and bridges through the corridor. Construction began in spring 2026 and is expected to continue through late 2029. Downtown Columbia is also undergoing significant beautification and redevelopment initiatives focused on pedestrian safety, public gathering spaces, and enhanced streetscapes throughout “The District.” These investments are expected to further strengthen the city’s commercial appeal and support long-term hospitality demand.
A VIBRANT OUTDOOR RECREATION AND EVENTS DESTINATION
Columbia offers a strong mix of outdoor recreation amenities that support year-round visitation, with attractions like Faurot Field, Mizzou Arena, and the Missouri Theatre generating consistent visitation throughout the year. Outdoor recreation opportunities including Rock Bridge Memorial State Park, Devil’s Icebox Cave, the Katy Trail, MKT Nature & Fitness Trail, and Stephens Lake Park contribute to the area’s appeal for leisure travelers and residents alike. The city also hosts annual events such as the nationally recognized True/False Film Fest, an annual four-day documentary film festival that showcases nonfiction cinema and thought-provoking films from around the world. The festival attracts more than 37,000 attendees annually and is known for its unique community atmosphere, featuring filmmaker discussions, live music, street parades, and signature events that draw visitors from across the country.
BROKER OF RECORD
David Saverin
Missouri
P: (314) 889-2500
Lic #: 2008013520
