1500 Monroe Ave Loveland, CO 80538

This exceptional 53,300 square foot property, situated on a generous 6.63-acre lot in Loveland, Colorado, presents a unique investment opportunity. Originally constructed in 1963 as an elementary school, the single-story building is well-maintained and offers significant potential for adaptive reuse or redevelopment. The property's convenient location, just off Highway 34, near Highway 287, and less than five miles from Interstate 25, ensures excellent accessibility. Currently zoned for established high-density residential, the site allows for up to 20 residential units per acre, opening doors to various multifamily development scenarios. Beyond residential possibilities, the expansive space is ideally suited for conversion into a church, recreation center, civic center, or office spaces. Further adaptive reuse options include senior living facilities, medical offices or health centers, child or adult day care centers, schools, and even a library or museum. The asking price is $6,200,000, translating to $116.32 per square foot. This presents a compelling opportunity for investors seeking a versatile property with substantial upside potential in a thriving Colorado community. The property's size and zoning provide flexibility for a wide range of uses, making it an attractive prospect for both experienced developers and those seeking a unique investment.