A 6.63-acre former school district property located at 1500 Monroe Avenue in Loveland, CO, has been sold for $5,000,000. The property encompasses a building with a total area of 53,000 square feet, contributing to a price per square foot of $94. The site benefits from strong highway access and proximity to commercial and retail hubs, making it strategically positioned in one of northern Colorado’s fastest-growing markets.

Summary of transaction details:

• Property Type: School
• Transaction Amount: $5,000,000
• Address: 1500 Monroe Avenue
• Market: Loveland, CO
• Acres: 6.63
• Square Footage: 53,000
• Price Per Square Foot: $94
• Buyer: St. John Paul II High School
• Seller: Thompson School District
• Brokers: Travis Ackerman - Cushman & Wakefield & Jack Tretheway - Berkshire Hathaway HomeServices

Cushman & Wakefield and Berkshire Hathaway facilitated the sale, which emphasizes the collaboration between these two brokerages in managing the transaction, highlighting their roles in connecting the buyer and seller in a competitive market.