1500 Monroe Ave Loveland, CO 80538

This exceptional 53,300 square foot commercial property, situated on a sprawling 6.63-acre lot in Loveland, Colorado, presents a unique redevelopment or adaptive reuse opportunity. Previously utilized as an elementary school, the well-maintained 1963 building offers significant potential for a variety of uses. Its strategic location, just off Highway 34, near Highway 287, and less than five miles from Interstate 25, ensures high visibility and convenient access. The property's size and zoning allow for diverse development options. Consideration could include conversion into a church, recreation center, civic center, or office spaces. The expansive acreage also opens possibilities for residential development, with zoning potentially allowing up to 20 units per acre. Other viable adaptive reuse scenarios include senior living facilities, medical offices or a health center, child or adult day care centers, schools, multifamily housing, or even a library or museum. This property offers a rare blend of existing infrastructure and significant development potential, making it an attractive investment for discerning buyers seeking a high-impact commercial venture in a thriving Colorado community. The asking price is $6,200,000.