Retail/Office/Medical Condo For
290 Nickel #200 Broomfield, CO 80020
290 Nickel #200, Broomfield, CO, 80020
$995,000
For Sale
$995,000
4,029 SF condo ideal for retail, office, or medical use.
Property Size4,029 SF
Lot Size0.09 Acres
Price / SF$246.96
Days on Market279
Property Features for 290 Nickel #200
General Information
- Standard status
- Active
- Size
- 4,029 SF
- Lot size
- 0.09 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing Agency
Gibbons-White, Inc.
(303) 442-1040
Listed by
MICHAEL-RYAN MCCARTY · License #FA.040029628
Source
Corcoran
Added: Oct 14, 2025 Checked: Jul 19 at 4:46 am
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 square foot condo is available for sale and suitable for retail, office, or medical use. The property, formerly a medical clinic, features a mix of offices, exam rooms, a reception area with waiting area, a kitchenette, and an administrative and storage area. The B-2 General Business District zoning allows for a wide range of uses, including retail, personal services, banking, restaurants, recreation, office, and medical. The property is located directly off 120th Avenue and Highway 287, providing convenient access to US 36. Current co-tenants include Trek Bicycle, Green Dental, Bouquet Boutique Florist, Tai Chi Chuan, and Live Love Dance Studio. Nine reserved parking spaces are included.
Key Highlights
- Rare 4,029 SF Retail, Office, or Medical Condo
- Directly off 120th Ave & Hwy 287 with Convenient Access to US 36
- B‑2 General Business District Allows for a Wide Range of Uses
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
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - 4,029 SF condo ideal for retail, office, or medical use.
Where is this medical office space located?
The property is located at 290 Nickel #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: Rare 4,029 SF Retail, Office, or Medical Condo; Directly off 120th Ave & Hwy 287 with Convenient Access to US 36; B‑2 General Business District Allows for a Wide Range of Uses