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    150 W Marcy St, Unit 103 Santa Fe, NM 87501

    Pending
    For Lease
    $5,500 /Mo ($39 SF/Yr)

    COMMERCIAL - Santa Fe, NM

    Type:Retail
    Property size:
    1,665 SF
    Lot size:
    0.25 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 150 W Marcy St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Pending
    Security features
    Security
    Zoning
    BCD
    APN
    99304835
    Parking
    1
    Size
    1,665 SF
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Flooring type
    Concrete
    Building materials
    Frame
    Roof type
    Flat

    SF Brown Real Estate (505) 473-7740

    Listing agent Alicia Bertram (505) 930-0520 License #48316

    Listing date Nov 17, 2025

    Copyright © 2025 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.

    Overview

    Downtown Santa Fe Retail Space

    Located in the heart of downtown Santa Fe, this retail space, formerly the Faust Gallery, offers 1,665 square feet of space and will be available beginning November 15th. The space features 15-foot ceilings and a full wall of windows, providing ample natural light and a modern, museum-quality aesthetic. In addition to the main retail area, the property includes an upstairs storage room, a private office, and a private bathroom. One parking pass to the 130 Lincoln Ave. (Sheridan) gated parking lot is included. The surrounding businesses, including Eileen Fischer, Faust Gallery, and AdobeStar Properties vacation rentals on the upper levels of the building, contribute to built-in foot traffic. The lease is modified gross, with the tenant responsible for wifi/internet, phone, janitorial services, and electricity. The landlord is responsible for HVAC equipment and systems, exterior grounds maintenance, roof, stucco, water, sewer, trash, and refuse. The property is zoned BCD and situated on a lot of 0.25 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bleu Raven Art Gallery

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.9385009
    Latitude
    35.6894232

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in downtown Santa Fe available November 15th.
    Where is this retail space located?
    The property is located at 150 W Marcy St, Unit 103 Santa Fe, NM.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Santa Fe retail location with HIGH FOOT TRAFFIC.; - 1,665 square feet of retail/office space available November 15th.; - Modern, museum-quality space with 15-foot ceilings and a full wall of windows providing abundant natural light.
    (505) 930-0520
    Request Owner's contact information
    150 W Marcy St, Unit 103 Santa Fe, NM 87501
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    Santa Fe, NM 87501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 W Marcy St, Unit 103 Santa Fe, NM 87501
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