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: $22 – $26/SF NNN (vacancy: 2,928–11,700 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
Second-floor clinical suite available (2,928 SF) EXECUTED LOI 11/1/2025
Partially leased with income-producing tenant (Edward Jones)
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
Income generation from current tenant with upside lease potential
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.