Two-Story Office
For Sale
$5,500,000
124 Marcy Street, Santa Fe, NM 87501
CommercialSale, Santa Fe, NM
Property Size9,924 SF
Lot Size0.20 Acres
Price / SF$554.21
Days on Market14
Property Features for 124 Marcy Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
BCD
Standard status
Active
APN
018402183
Size
9,924 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
T17N R9E S24, LOT 3, 0.198 AC
Legal Description
T17N R9E S24, LOT 3, 0.198 AC
Utilities
Water source
Public
Amenities
wood flooring
central HVAC
second floor balcony
diesel powered backup generator
Building Details
Year built
1950
Listing Agency:
Real Estate Advisors, LLC
(505) 539-3200
Listed By:
Tai Bixby · License #40315
(505) 577-3524
Added: Aug 14
Changed: Aug 19
Last Checked: Aug 27 at 9:06PM
MLS# 202603582
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.
Located at 124 Marcy Street in Santa Fe, this 9,924-square-foot office building provides two floors of 4,962 square feet each. The 1950 masonry structure includes wood flooring, central HVAC, and a second-floor balcony facing Marcy Street. A diesel-powered backup generator serves the building, supporting continuity for professional operations.
The property is positioned between Otero Street and Washington Avenue, two blocks north of the Santa Fe Plaza and across from the Santa Fe Public Library. Walk-up entry is available from Marcy Street, with secondary access and surface parking along Nusbaum Street. BCD zoning in the Marcy subdistrict accommodates office, retail, residential, and related uses, allowing for continued office occupancy or a range of compatible repositioning options.
The property is positioned between Otero Street and Washington Avenue, two blocks north of the Santa Fe Plaza and across from the Santa Fe Public Library. Walk-up entry is available from Marcy Street, with secondary access and surface parking along Nusbaum Street. BCD zoning in the Marcy subdistrict accommodates office, retail, residential, and related uses, allowing for continued office occupancy or a range of compatible repositioning options.
Key Highlights
- 9,924‑square‑foot office building with 4,962 square feet on each of two floors
- 1950 masonry construction with wood flooring and central HVAC
- Second‑floor balcony fronts Marcy Street
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,394
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - BCD zoning supports office, retail, residential, and related uses in a mixed-use downtown district.
Where is this office building located?
The property is located at 124 Marcy Street Santa Fe, NM.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 9,924‑square‑foot office building with 4,962 square feet on each of two floors; 1950 masonry construction with wood flooring and central HVAC; Second‑floor balcony fronts Marcy Street
