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    Westminster Office Condo with Mountain Views Title is generated by Realmo AI

    2861 W 120th 250, Westminster, CO 80234

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    For Sale
    $1,122,900

    Spacious office condo with two suites, mountain views, great location.

    Type:Commercial
    Property size:
    3,940 SF
    Price / SF:
    $285/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 5:49 pm

    Property Features for 2861 W 120th 250

    General Information

    Standard status
    Active
    Size
    3,940 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2007

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    Listing Contact
    Bob Distel

    Listing agent Bob Distel License #1134445

    Listing office MB/Park Place Brokers & Realty

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of MB/Park Place Brokers & Realty

    HighLights

    • Spacious 3,940 sq ft office condo with two finished suites (Units 240 & 250), each with private entrance.
    • Unit 240 features a private outdoor patio and Unit 250 is currently leased.
    • Includes private offices, conference rooms, open workspaces, and fully equipped breakrooms in both suites.
    • Located in a vibrant complex with professional offices, restaurants, and a recreation center.
    • High visibility location on 120th Ave with quick access to Federal Blvd.
    • West‑facing second floor location with natural light and mountain views.

    Overview

    This 3,940 square foot office condo features two finished suites, identified as Units 240 and 250, each having a private entrance. The suites are designed with private offices, conference rooms, open workspaces, and breakrooms equipped with sinks, counters, and refrigerators. Located on the second floor, the west-facing space benefits from natural light and mountain views. Unit 240 is owner-occupied and includes a private outdoor patio. Unit 250 is currently leased. The property is situated in a complex that includes professional offices, restaurants, and a recreation center. The location offers visibility along 120th Avenue and provides access to Federal Boulevard and nearby cities including Broomfield, Westminster, Northglenn, and Thornton. The location has a bike score of 56, indicating it is bikeable, a walk score of 27, indicating car-dependent, and a transit score of 21, indicating minimal transit.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $102.6k $26.04
    − Vacancy −$25.4k −$6.46
    EGI $77.2k $19.58
    − OpEx −$19.3k −$4.90
    NOI $57.9k $14.69
    3,940 SF · lease $26.04/SF/yr · vacancy 24.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $826.6K
    $723.3K – $964.4K (±1% cap)
    NOI $57,865 @ 7.0% cap · market cap 5.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.15M
    $1.01M – $1.34M (±1% cap)
    NOI $80,612 @ 7.0% cap · market cap 7.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Conrad Charles Johnson Dental Office Elite Tax & Accounting Accounting Firm Radiant Beauty Rx Medical Clinic Abigail Robson Physician Mariah Schultz Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Adams
    State
    Colorado
    Longitude
    -105.0218977
    Latitude
    39.916615

    FAQs

    What type of property is this?
    Office units - Spacious office condo with two suites, mountain views, great location.
    Where is this office units located?
    The property is located at 2861 W 120th 250 Westminster, CO.
    What is the asking price?
    The asking price for this property is $1,122,900.
    What are key features of this property?
    This property features: Spacious 3,940 sq ft office condo with two finished suites (Units 240 & 250), each with private entrance.; Unit 240 features a **private outdoor patio** and Unit 250 is currently leased.; Includes private offices, conference rooms, open workspaces, and fully equipped breakrooms in both suites.
    More about this property
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