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Medical Office Space with Courtyard
For Lease
$750/Mo

501 Franklin Avenue, Santa Fe, NM 87501

CommercialLease, Santa Fe, NM

Space SizeContact for details
Days on Market170

Property Features for 501 Franklin Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning C-1
Parking features Parking Lot
Directions Heading North on St Francis Dr, turn left at Agua Fria St, for 0.1 miles. Turn left onto Franklin Ave. Building is on the corner of Franklin Ave and Agua Fria. Parking lot is immediately on the right on Franklin Ave.
Standard status Active
APN 010288460
Size 200 SF

Taxes and HOA fees

Tax Description T17N R9E S23, YOUNG'S PASADENA ADDITION S/D, BLOCK 2, LOTS 1 & 2, 0.2426 AC
Legal Description T17N R9E S23, YOUNG'S PASADENA ADDITION S/D, BLOCK 2, LOTS 1 & 2, 0.2426 AC

Utilities

Heating system Ductless (Heating), Radiant, Radiant Floor
Cooling system Ductless
Water source Public

Amenities

in-suite restroom
private fenced courtyard
common break area
off-street parking

Building Details

Year built 1986
Building materials Adobe, Frame
Listing Agency: Barker Realty, LLC
Listed By: Cozette E. Hansen · License #49928
Added: Mar 13 Changed: Aug 19 Last Checked: Aug 29 at 12:06PM
MLS# 202600980

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 200-square-foot medical office space includes an executive office configuration, a private in-suite restroom, and a fenced courtyard. Natural light contributes to the workspace, while a shared break area supports day-to-day use. The property was built in 1986 and has been recently renovated, with Adobe and frame construction.

Located in Santa Fe, the property has street frontage on Aqua Fria St and off-street parking in a dedicated lot. C-1 zoning, public water service, ductless cooling, and ductless, radiant, and radiant-floor heating are included among the property features.

Key Highlights

  • 200 SF medical office space with executive office configuration
  • Private in‑suite restroom and fenced courtyard
  • Recently renovated property built in 1986

Property Analytics

Current Use

Core Dynamics-Pilates Gym & Fitness Center The Icon Beauty Culture Hair Salon Ancient Womb Physician Amy Spurlock Private ... Gym & Fitness Center Santa Fe Massage ... Alternative Medicine Practice

Suggested Use

Top Pick HVAC Service Locksmith Catering Service Home Appliance Store (Bike/Boat/Book/etc) Store Electrical Service

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
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,542
Businesses Nearby
Balanced
Demand for This Use

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Recently renovated office setting with a private restroom, shared break area, and off-street parking.
Where is this medical office space located?
The property is located at 501 Franklin Avenue Santa Fe, NM.
What is the lease rate?
The lease rate is $750/Mo.
What are key features of this property?
This property features: 200 SF medical office space with executive office configuration; Private in‑suite restroom and fenced courtyard; Recently renovated property built in 1986
More about this property
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