4450 Union St 13,687 SF Vacant Office Building Johnstown, CO 80534 $4,250,000 ($310.51/SF)

Price Reduced $250,000!
Executive Summary – 2534 Medical / Surgical Center
4450 Union Street, Johnstown, CO
LC Real Estate Group presents the 2534 Medical / Surgical Center, a premier owner-user or investment opportunity located at the intersection of Interstate 25 and Highway 34—a regional hub in rapidly growing Northern Colorado. This 13,687 SF Class A medical facility, offered at a reduced price of $4,250,000 ($311/SF), is ideally positioned within the Larimer Professional Plaza in the thriving Johnstown Plaza corridor.
Property Overview
Address: 4450 Union Street, Johnstown, CO 80534
Total Building Area: 13,687 SF
Land Area: 0.28 Acres
Year Built: 2008
Zoning: PD 2534 (Planned Unit Development - Medical/Commercial)
Parking: 90 non-exclusive spaces
Suite Leasing Rates: $24 – $26/SF NNN (vacancy: 3,694–8,771 RSF)
Property Features
High-end turn-key surgical and medical suites with custom millwork, tile, wainscoting, and elegant finishes
Suite Flexibility:
Main level can be configured as a combined 8,771 SF clinic
Fully leased second floor, providing immediate financial benefit
Elevator service to second floor
Utilities provided by Town of Johnstown and Xcel Energy
Strategic Location
Immediate access to I-25 and Hwy 34
Proximity to Loveland, Fort Collins, Greeley, Windsor, and Longmont
Minutes from UCHealth Medical Center of the Rockies (undergoing $280M expansion) and the region’s only Level I Trauma Center
Surrounded by dense retail (Scheels, 2534 Shopping Center) and master-planned residential developments (e.g., Centerra South, Kinston, The Lakes at Centerra)
Investment Highlights
Owner-user potential with vacancy available to occupy immediately
Ideal for medical practitioners or investors seeking a Class A asset in a supply-constrained healthcare market
Priced below replacement cost with excellent long-term appreciation prospects
Demographics (Johnstown, CO)
Median Household Income: $123,790
Median Home Value: $521,208
Median Age: 37.2
Employment Base: 4,732 employees across 460 businesses
Highly educated population: 47% hold bachelor's or graduate/professional degrees
This is a rare opportunity to acquire a high-quality medical/surgical asset in one of Colorado’s fastest-growing corridors, with both immediate utility and long-term upside.