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    Live/Work End-Cap Office Unit Title is generated by Realmo AI

    1001-3600 Cerrillos Rd, Santa Fe, NM 87505

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    For Sale
    $261,000

    Ground-floor end-cap suite with four tenant offices and month-to-month leases, supported by on-site parking.

    Added:
    Sep 29, 2025
    Days on Market:
    283
    Last Refresh:
    Jul 5 at 9:37 pm

    Property Features for 1001-3600 Cerrillos Rd

    General Information

    Standard status
    Active

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    John Shepler

    Listing office Shepler Commercial, LLC

    Listing date Sep 29, 2025

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Shepler Commercial, LLC

    HighLights

    • Ground‑floor end‑cap suite at Cerrillos Lofts with four separate tenant offices.
    • Currently occupied by 4 tenants; each tenant has their own office space.
    • Leases are month‑to‑month, giving a new owner flexibility to use the space or re‑lease tenants.
    • Current NOI is roughly $12,263 plus utilities.
    • Market info suggests each office could lease for about $600 per month (minimum).
    • 7% cap rate on provided expense figures shows approximately a $261,000 value; includes taxes, insurance, and HOA.

    Overview

    The Lofts at Santa Fe offers a live/work concept that has matured into a mix of live/work, residential, and commercial investment spaces. This ground-floor unit has operated as investment real estate for the current owner and is configured as an office arrangement. The space is currently occupied by four tenants, and each tenant has their own office.

    This unit is an end-cap configuration within the Cerrillos Lofts, and the property provides ample parking throughout. The current leases are described as largely month-to-month, which creates flexibility for a new owner depending on their intended use.

    From a tenant or owner-operator standpoint, the existing office setup supports professional use, while the live/work framing can align with occupants who value a combination of work and personal space within the same community. The current reported NOI is roughly $12,263 plus utilities, and the remarks also reference taxes, insurance, and HOA expenses in the range provided. As marketed, the month-to-month nature of the leases may allow a new owner to consider either retaining the tenant mix or transitioning the suite for personal use, subject to the terms of each tenancy.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Big Box & Wholesale Store Auto Parts Store HVAC Service Building Supply Auto Repair Shop Grocery & Convenience Store Grocery & Convenience Store Electrical Service Home Appliance Store Storage Facility

    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
    -105.9571716
    Latitude
    35.6751055

    FAQs

    What type of property is this?
    Live-work space - Ground-floor end-cap suite with four tenant offices and month-to-month leases, supported by on-site parking.
    Where is this live-work space located?
    The property is located at 1001-3600 Cerrillos Rd Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $261,000.
    What are key features of this property?
    This property features: Ground‑floor end‑cap suite at Cerrillos Lofts with four separate tenant offices.; Currently occupied by 4 tenants; each tenant has their own office space.; Leases are month‑to‑month, giving a new owner flexibility to use the space or re‑lease tenants.
    More about this property
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