SQUARE FEET7,227
MLS#9373836
STATUSActive
PROPERTY TYPECommercial - Business
Listing Courtesy of:
Pinnacle Real Estate Advisors
Agency Contact: lsalazar@pinnaclerea.com,303-962-9534
Property Description
The Maxwell Lofts is a trophy 9-unit multifamily asset located in the heart of Downtown Boulder, Colorado. Positioned in one of Boulders most desirable and supply-constrained residential neighborhoods, this property offers investors a rare opportunity to acquire a high-quality asset with substantial operational upside in a premier location. The building is comprised entirely of spacious 2-bedroom / 1-bathroom units, a highly sought-after floorplan in the Boulder market that appeals to roommates, young professionals, graduate students, and small families. Each unit benefits from central A/C, a rarity in many older Boulder assets, along with garage and off-street parking in the rear, further enhancing tenant demand and rent potential. Currently averaging approximately $2,185 per month, rents are meaningfully below market. Local property management feedback indicates achievablemarket rents in the $3,300?$3,400 range, presenting investors with a clear and compelling path to significant revenue growth through strategic lease turnover and operational optimization. Situated just steps from Pearl Street Mall, Boulder Creek Path, and within close proximity to the University of Colorado Boulder, the property benefits from exceptional walkability, lifestyle appeal, and proximity to major employment centers. Downtown Boulder continues to experience strong rental demand driven by limited developable land, high barriers to entry, and an affluent, educated tenant base. 1020 Maxwell Avenue represents a rare combination of trophy location, strong in-place fundamentals, meaningful rent upside, and long-term demand drivers in one of Colorados most resilient multifamily markets. FLEXIBLE PORTFOLIO SALE: CAN BE PURCHASED SEPARATELY OR TOGETHER WITH 3200 MADISON AVE
Property Features
Property Type: Commercial - Business
Garage: 5
Lot Size: 0.34 Acres
Taxes: $22,716
Year Built: 1963
Feature Descriptions
Days on Site: 4
Exclusions: Tenants personal property
Exterior: Frame
Parcel#: R0006200
Sewer: Public Sewer
Units: 9
Water: Private
Listed By / Shown By
Listed By
Agency Name: Pinnacle Real Estate Advisors
Agency Contact: lsalazar@pinnaclerea.com,303-962-9534
Shown By
Agent Name: Coreena Dones
Agent Phone: Cell: (720) 425-0851
Agency Title: The Cutting Edge, Realtors
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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1020 Maxwell Avenue | MLS# 9373836
This commercial property located at 1020 Maxwell Avenue , Boulder, CO 80304 is currently listed for sale with an asking price of $4,900,000. Search Boulder real estate on www.coreenacolorado.com today.