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  1. Commercial Properties
  2. CO
  3. Boulder

1020 Maxwell Ave

For Sale

1020 Maxwell Ave, Boulder, CO 80304

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. Looking ahead, Boulder’s profile as a cultural and economic hub will further accelerate with the relocation of the Sundance Film Festival beginning in January 2027, bringing international visibility, tourism, and incremental housing demand to the downtown core. Assets such as 1020 Maxwell — located within walking distance to festival venues and downtown amenities — stand to directly benefit from this long-term demand catalyst.The Maxwell Lofts is a trophy 9-unit multifamily asset located in the heart of Downtown Boulder, Colorado. Positioned in one of Boulder’s 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 achievable market 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. This creates a rare opportunity to capture substantial NOI expansion without major structural redevelopment. 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. Looking ahead, Boulder’s profile as a cultural and economic hub will further accelerate with the relocation of the Sundance Film Festival beginning in January 2027, bringing international visibility, tourism, and incremental housing demand to the downtown core. Assets such as 1020 Maxwell — located within walking distance to festival venues and downtown amenities — stand to directly benefit from this long-term demand catalyst. 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 Colorado’s most resilient multifamily markets.

Key features

  • ALL (9) 2BR/1BA UNITS NEWLY RENOVATED, SEPARATELY METERED FOR GAS AND ELECTRIC WITH CENTRAL A/C
  • BOULDER HAS BEEN SELECTED AS THE NEW HOME FOR THE SUNDANCE FILM FESTIVAL STARTING JAN 2027
  • BOULDER’S HISTORICALLY STRONG RENTAL MARKET WITH LIMITED NEW SUPPLY AND HIGH BARRIERS TO ENTRY
  • CURRENTLY RENTED AS CORPORATE RENTALS WITH HOUSING HELPERS AT $3,500-$4,000 PER MONTH
  • DOWNTOWN BOULDER - EXCEPTIONAL WALKABILITY TO PEARL STREET MALL, CAFES, BOUTIQUES, AND ENTERTAINMENT
  • FLEXIBLE PORTFOLIO SALE: CAN BE PURCHASED SEPARATELY OR TOGETHER WITH 3200 MADISON AVE
  • IMMEDIATE OPERATIONAL UPSIDE THROUGH STREAMLINED MANAGEMENT AND GETTING RENTS TO MARKET RATES
  • SHORT DISTANCE TO UNIVERSITY OF COLORADO BOULDER, MAJOR EMPLOYERS, AND TRANSIT OPTIONS
  • TURN-KEY DOWNTOWN BOULDER ASSET: TROPHY PROPERTY IN PREMIER MAPLETON HILL LOCATION

Building Details

  • For Sale $4,900,000
  • Property Type Multi-Family
  • Property Size 7,227 SF
  • Units 9
  • Lot Size 0.32 Acre
  • Additional Rent Price on request
  • Building Class B
  • Year Built 1963
  • Date Updated Aug 12, 2026
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Contacts

broker
Luke Salazar

Pinnacle Real Estate Advisors

Location

  • City Boulder, CO
  • Neighborhood Mapleton Hill
  • Zip Code 80304
  • Market Denver
  • Map
  • Street
  • Walk score 91/100 Walker's Paradise
  • Transit score 55/100 Good Transit
  • Bike score 89/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Green Ride Boulder

3.01 miles

ChargePoint

0.15 miles

Cyber Switching

0.48 miles

Circle K

0.54 miles

Everyday

0.92 miles

Conoco

1.08 miles

Tesla Supercharger

1.41 miles

Kwik Serv

1.41 miles

Electrify America

1.42 miles

eVgo

1.44 miles

Phillips 66

1.47 miles

11th & Spruce

0.24 miles

11th & Walnut

0.38 miles

Pearl & 15th

0.39 miles

Centennial Trailhead

0.77 miles

The Peoples' Crossing Trailhead

0.80 miles

Lot 257

0.83 miles

Lot 281

0.84 miles

Lot 265

0.85 miles

Lot 136

0.87 miles

Lot 145

0.87 miles

Newton Court

1.19 miles

Enterprise

1.33 miles

Coyote Car Wash

1.44 miles

Circle K

1.51 miles

Gloss Auto Wash & Cafe

1.53 miles

Nick's Auto Repair

2.06 miles

eGo Car Share

2.26 miles

Hertz

2.38 miles

Budget

2.43 miles

Avis

2.43 miles

Izakaya Amu

0.25 miles

Sushi Zanmai

0.25 miles

Dragonfly Noodle

0.26 miles

Pasta Jay's

0.27 miles

The Kitchen Cafe

0.27 miles

The Sophmore

0.28 miles

Salt

0.28 miles

Breadworks

0.28 miles

Zoe Ma Ma

0.28 miles

Gemini

0.28 miles

Whole Foods Market

0.35 miles

University Hill Market & Deli

1.01 miles

Natural Grocers

1.24 miles

Sprouts Farmers Market

1.26 miles

Marshalls

1.27 miles

Trader Joe's

1.36 miles

India's Grocery

1.38 miles

Safeway

1.38 miles

India Bazaar

1.45 miles

Target

1.47 miles

Boulder Fire / Rescue Department Station 1

0.19 miles

People's Medical Clinic

0.22 miles

Pharmaca

0.33 miles

Boulder Medical Center

0.37 miles

Boulder County Sheriff's Office Headquarters

0.55 miles

Addiction Exchange

0.67 miles

IV Boulder

1.17 miles

Planned Parenthood

1.19 miles

Safeway

1.38 miles

ZoomCare

1.40 miles

Listing Summary

  • What is the asking price at 1020 Maxwell Ave?

    1020 Maxwell Ave is currently listed for sale at Price on request.

  • What is the total size of 1020 Maxwell Ave?

    1020 Maxwell Ave has a total of 7,227 square feet.

  • What is the year built for 1020 Maxwell Ave?

    The year built for 1020 Maxwell Ave is 1963.

Contact Luke Salazar
broker
Luke Salazar

Pinnacle Real Estate Advisors

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