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Restaurant Space with Kitchen Infrastructure
For Lease
$28 SF/Yr

1607A Alcaldesa Street, Santa Fe, NM 87501

CommercialLease, Santa Fe, NM

Space Size4,117 SF
Lot Size0.56 Acres
Days on Market161

Property Features for 1607A Alcaldesa Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning BCD
Standard status Active
APN 099305949
Size 4,117 SF
Lot size 0.56 Acres

Utilities

Water source Public

Building Details

Year built 2008
Listing Agency: Real Estate Advisors, LLC
Listed By: Tai Bixby · License #40315
Added: Apr 2 Changed: Aug 31 Last Checked: Sep 9 at 2:06AM
MLS# 202601189

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 4,117-square-foot restaurant space occupies part of a professionally managed 2008 building in the Santa Fe Railyard District. Existing improvements include an exhaust hood, grease trap, walk-in cooler, and infrastructure for commercial kitchen equipment. The space previously operated as Restoration Pizza and can also accommodate a retail concept. Water service is public, and the property is subject to Santa Fe Railyard Community Corporation approval. National chain tenants are not permitted.

The property sits across from Sky Cinema in the Railyard, near Railyard Park, the Santa Fe Farmers Market, breweries, museums, the New Mexico School for the Arts, and nearby hotels. The surrounding district draws local residents and visitors during daytime and evening hours. The site is on a 0.56-acre property within Santa Fe County.

Key Highlights

  • 4,117 square feet of restaurant space
  • Existing exhaust hood, grease trap, and walk‑in cooler
  • Commercial kitchen equipment infrastructure already in place

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith Storage Facility (Bike/Boat/Book/etc) Store Butcher HVAC Service Auto Parts Store

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

Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,965
Businesses Nearby
180k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 31% Groceries 21% Apparel 10%
Whole Foods Market Groceries
37,075 visits/mo 0.2 miles
McDonald's Dining
31,451 visits/mo 0.4 miles
Starbucks Dining
18,085 visits/mo 0.3 miles
Speedway Shops & Services
17,723 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
16,429 visits/mo 0.4 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - BCD-zoned restaurant space with existing food-service improvements and retail use potential in Santa Fe’s Railyard District.
Where is this conventional restaurant located?
The property is located at 1607A Alcaldesa Street Santa Fe, NM.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 4,117 square feet of restaurant space; Existing exhaust hood, grease trap, and walk‑in cooler; Commercial kitchen equipment infrastructure already in place
More about this property
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