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7/21/25
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A 53k sf, former school property in Loveland, CO traded for $5 mil. The asset, formerly utilized by Thompson School District, is located at 1500 Monroe Ave.
Built in 1963, the property is situated on 6.63 acres. The building offers excellent accessibility, located right off Hwy 34 near Hwy 287 and less than five miles from Interstate 25.
The property is in proximity to shopping centers like the Promenade Shops at Centerra and the Outlets at Loveland, as well as the Budweiser Events Center and the Medical Center of the Rockies. Loveland's urban living appeal is enhanced by its downtown corridor, historic homes and a strong retail presence, making it an attractive location for both residents and businesses.
Loveland is a growing city south of Fort Collins, with a population of over 80,000. The area has seen significant commercial development, particularly around the I-25 and U.S. Hwy 34 intersection, which has become a primary commercial hub in northern Colorado.
Cushman & Wakefield’s Travis Ackerman and Berkshire Hathaway’s Jack Tretheway represented the seller, Thompson School District, in the transaction. The property was acquired by St. John Paul II High School.
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