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Office Suites With Parking
For Lease
$23 SF/Yr NNN

119 E Marcy Street, Santa Fe, NM 87501

COMMERCIAL - Santa Fe, NM

Space Size1,415 SF - 2,468 SF
Lot Size0.30 Acres
Days on Market739

Property Features for 119 E Marcy Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning BCD
Standard status Active
APN 018400315
Size 2,869 SF
Lot size 0.30 Acres

Utilities

Water source Public

Building Details

Year built 1987
Listing Agency: Oberstein Properties, Inc.
Listed By: David Oberstein · License #15694
Added: Aug 21, 2024 Changed: Aug 4 Last Checked: Aug 29 at 1:06PM
MLS# 202403535

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property at 119 E Marcy Street includes two separately described suites within a 1987 building. Suite 201 provides five offices, a conference room, kitchenette, server area, and storage space. Suite 203 includes three offices, a conference room, wet bar area, and a server/storage closet. Leasehold improvements are negotiable for both suites, and each is offered on an NNN basis.

On-site parking is provided through the building’s parking garage, with six monthly unreserved spaces assigned to Suite 201 and three monthly unreserved spaces assigned to Suite 203. The entry faces Marcy Street in downtown Santa Fe. The property carries BCD zoning and is served by public water.

Key Highlights

  • Two office suites at 119 E Marcy Street in downtown Santa Fe
  • Suite 201 includes five offices, conference room, kitchenette, server area, and storage
  • Suite 203 features three offices, conference room, wet bar, and server/storage closet

Property Analytics

Current Use

Rodey Law Firm Law Firm Steven W. Johnson, ... Accounting Firm ultiSkin Medical Clinic Dr. David Heard Physician Dr. Blake White Physician

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply HVAC Service Big Box & Wholesale Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,100
Businesses Nearby

Demographics for 87501, NM

15,116
Population
10,480
Households
1.4
Avg Household Size
58
Median Age
61%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
299
Density / Sq Mi
$81,229
Median Household Income
$52,851
Median Earnings
$1,516
Median Rent
$649,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two office suites offer conference rooms, support areas, and on-site garage parking under NNN lease terms.
Where is this office units located?
The property is located at 119 E Marcy Street Santa Fe, NM.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Two office suites at 119 E Marcy Street in downtown Santa Fe; Suite 201 includes five offices, conference room, kitchenette, server area, and storage; Suite 203 features three offices, conference room, wet bar, and server/storage closet
More about this property
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