$3,700,000 USD
505-837-4955
200 W San Francisco St
Santa Fe, NM 87501
Downtown Santa Fe
HIGHLIGHTS
- Fee-simple ownership. 100% leased; upside potential with conversion of short-term, modified gross leases
- Hard corner location offers street frontage on three major downtown Santa Fe arterials
- Below replacement costs
- Surrounded by world renowned galleries. Two blocks from The Historic Santa Fe Plaza
- Street-level retail space. Heavy foot traffice
- Unique and historic charm. Multiple parking garages within a 1 block radius. 2 blocks from Rail Runner shuttle stop
OVERVIEW
Rare Santa Fe Retail Investment Opportunity, two blocks west of The Historic Santa Fe Plaza in the heart of downtown Santa Fe, NM. The property features street-level retail space with a unique historic flare. Tenants benefit from heavy tourist and local foot traffic throughout the area.
Santa Fe is known for its fine art community, set against the backdrop of Santa Fe's southwestern charm. This reputation draws in over 1.1M visitors to the area each year. The Historic Santa Fe Plaza is a must see tourist attraction that features galleries, shops and dining.
Addresses include: 108-124A Galisteo & 200 W San Francisco St, Santa Fe, NM 87501
FOR SALE DETAILS
PRICE
$3,700,000 USD
PRICE/SF
$399 USD /SF
CAP RATE
5.35%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Investment Property - Historic Plaza District
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1928
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.3 AC
LAND SF
13,068 SF
ZONING
-
APN/PARCEL ID
012198016
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505-837-4955
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505-837-4955
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