Medical Office/Retail
290 Nickel St 200 Broomfield, CO 80020
290 Nickel St 200, Broomfield, CO, 80020
$995,000
For Sale
$995,000
4,029 SF condo with a former medical clinic layout, including offices, exam rooms, and reception, plus reserved parking.
Property Size4,029 SF
Price / SF$246.96
Days on Market118
Property Features for 290 Nickel St 200
General Information
- Standard status
- Active
- Size
- 4,029 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing agency
Gibbons-White, Inc.
(303) 586-5939
Listed by
Michael-Ryan McCarty · License #FA.040029628
(303) 586-5939
Source
Elliman
Added: Mar 27 Updated: Jul 22 at 3:08AM Checked: Jul 22 at 3:08AM
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 Gibbons-White, Inc.
Investment Insights
Based on property information with market context.
This 4,029 SF retail/office/medical condo is offered for sale and is also available for lease. The space was formerly a medical clinic and includes a mix of offices and exam rooms, along with a reception area and waiting area. Additional improvements include a kitchenette, admin and storage area, creating a functional setup for professional uses requiring both consult and back-office space.
The property sits directly off 120th Ave and Hwy 287, with convenient access to US 36. The B-2 General Business District supports a wide range of uses, including retail, personal services, banking, restaurants, recreation, office, and medical uses, among many others. The building is part of a tenant mix that includes Trek Bicycle, Green Dental, Bouquet Boutique Florist, Tai Chi Chuan, and Live Love Dance Studio.
Nine reserved parking spaces are included with the unit.
The property sits directly off 120th Ave and Hwy 287, with convenient access to US 36. The B-2 General Business District supports a wide range of uses, including retail, personal services, banking, restaurants, recreation, office, and medical uses, among many others. The building is part of a tenant mix that includes Trek Bicycle, Green Dental, Bouquet Boutique Florist, Tai Chi Chuan, and Live Love Dance Studio.
Nine reserved parking spaces are included with the unit.
Key Highlights
- 4,029 SF retail, office, or medical condo built in 1963
- Former medical clinic layout with reception and waiting area, offices, and exam rooms
- Kitchenette plus admin and storage area
Local Financial Insights For Retail
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 | $97.2k | $24.12 |
| − Vacancy | −$5.2k | −$1.30 |
| EGI | $91.9k | $22.82 |
| − OpEx | −$27.6k | −$6.85 |
| NOI | $64.4k | $15.97 |
4,029 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$919.3K
$804.4K – $1.07M
NOI $64,352 @ 7.0% cap · market cap 6.47%
Second Best
Office B
$775.6K
$678.7K – $904.9K
NOI $54,295 @ 7.0% cap · market cap 5.46%
Theoretical Best
Multifamily LT 5
$8.97M
$7.85M – $10.46M
NOI $627,619 @ 7.0% cap · market cap 63.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Broadlands Veterinary Clinic — 3800 W 144th Ave ste a-1000, Broomfield, CO 80023
- Broomfield Meadows Animal Hospital — 13606 Xavier Ln, Broomfield, CO 80023
FAQs
What type of property is this?
Medical Office Space - 4,029 SF condo with a former medical clinic layout, including offices, exam rooms, and reception, plus reserved parking.
Where is this medical office space located?
The property is located at 290 Nickel St 200 Broomfield, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 4,029 SF retail, office, or medical condo built in 1963; Former medical clinic layout with reception and waiting area, offices, and exam rooms; Kitchenette plus admin and storage area
