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Ground-Level Live-Work Space
For Sale
$345,000

1012 Marquez Place, Santa Fe, NM 87505

Remodeled unit with flexible rooms, updated kitchen, radiant floor heat, and mini-split heating and cooling.

Property Size700 SF
Price / SF$492.86
Days on Market24

Property Features for 1012 Marquez Place

General Information

Standard status Active
Size 700 SF
Property subtype Commercial

Building Details

Year Built 2004
Listing Agency: Homewise, Inc
Listed By: Brian Tercero
Source: Mrsantaferealestate
Added: Aug 9 Changed: Aug 31 Last Checked: Aug 31 at 3:20PM

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 Homewise, Inc

Investment Insights

Based on property information with market context.

This 700-square-foot ground-level unit is positioned at the front of The Lofts at Marquez Place and supports flexible live-work use. The layout includes two rooms suitable for office, bedroom, or other needs, along with a remodeled 3/4 bathroom featuring a tiled walk-in shower. The updated kitchen includes a refrigerator, dishwasher, and solid-type stone counters.

Completed in 2004, the unit has stained concrete floors, high ceilings, large windows, washer/dryer hookups, and a 2021 tankless hot water heater. Radiant in-floor heat and mini-splits provide heating and cooling. Open parking is available in the lot, while dues cover the roof, stucco, common-area maintenance, common-area insurance, parking lot maintenance, trash, and recycling. The property is zoned Residential/Commercial/live work/multi-use and is located at 1012 Marquez Place in Santa Fe, minutes from Whole Foods, Trader Joe’s, shops, restaurants, and the Railrunner.

Key Highlights

  • 700‑square‑foot ground‑level unit at the front of The Lofts at Marquez Place
  • Zoned Residential/Commercial/live work/multi‑use
  • Two flexible rooms plus a remodeled 3/4 bathroom with tiled walk‑in shower

Property Analytics

Current Use

Rise Speech Language ... Physician Thermal Paper Plus Distribution Center Morse Nesha Physician John Evaldson MD Counselor Tahlia Rainbolt PhD Physician

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,999
Businesses Nearby

Demographics for 87505, NM

32,078
Population
18,733
Households
1.7
Avg Household Size
52
Median Age
54%
College-Educated
94%
High-School Grad
65.1 sq mi
ZIP Area
493
Density / Sq Mi
$75,912
Median Household Income
$41,169
Median Earnings
$1,348
Median Rent
$484,100
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
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Frequently Asked Questions

What type of property is this?
Live-work space - Remodeled unit with flexible rooms, updated kitchen, radiant floor heat, and mini-split heating and cooling.
Where is this live-work space located?
The property is located at 1012 Marquez Place Santa Fe, NM.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 700‑square‑foot ground‑level unit at the front of The Lofts at Marquez Place; Zoned Residential/Commercial/live work/multi‑use; Two flexible rooms plus a remodeled 3/4 bathroom with tiled walk‑in shower
More about this property
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