1500 Monroe Ave, Loveland, CO 80538
This exceptional 53,300-square-foot single-tenant office building, situated on a 6.63-acre lot in Loveland, Colorado, presents a unique investment opportunity. Originally constructed in 1963 as an elementary school, the one-story building is well-maintained and ideally suited for adaptive reuse. Its location offers convenient access to major transportation arteries, including Highway 34, Highway 287, and Interstate 25 (less than five miles away). The property's zoning, Established High-Density Residential, allows for a variety of redevelopment possibilities. Potential uses include, but are not limited to, creative office space, medical offices, a church, recreation or civic center, senior living facilities, a health center, daycare, or even a library or museum. The expansive acreage also presents significant potential for residential redevelopment, with zoning permitting up to 20 units per acre. This versatile property offers a compelling opportunity for both immediate occupancy and long-term development in a thriving Colorado community. The property is located at 1500 Monroe Ave, Loveland, CO 80538, within Larimer County. Available space ranges from 10,000 to 53,300 square feet.
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Monroe Elementary School High School
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Early Childhood Center High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.