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

1012 Marquez Place, Santa Fe, NM 87505

CommercialSale, Santa Fe, NM

Property Size700 SF
Lot Size0.02 Acres
Price / SF$492.86
Days on Market21

Property Features for 1012 Marquez Place

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Zoning description It is believed to be C2 zoning. To be verified by buyer.
Parking features Parking Lot
Subdivision Lofts at Marquez Pl
Directions East on Cordova-Left on Don Diego-Left on Camino de los Marquez-Right on Marquez Pl to 1012 building on the right-Unit 203A ground floor unit. Look for sign in window.
Standard status Active
APN 910008028
Size 700 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description T17N R9E S26, THE LOFTS AT MARQUEZ PLACE CONDOMINIUMS, UNIT 203A
Legal Description T17N R9E S26, THE LOFTS AT MARQUEZ PLACE CONDOMINIUMS, UNIT 203A

Utilities

Sewer type Public Sewer
Water source Public

Amenities

open parking
stained concrete floors
tankless hot water heater
Hunter Douglas blinds
radiant in-floor heat
mini splits
high ceiling
washer/dryer hook-up
big windows

Building Details

Year built 2004
Flooring type Concrete
Building materials Frame
Roof type Flat
Listing Agency: Barker Realty, LLC
Listed By: Sabine Andraud · License #39019
Added: Aug 7 Changed: Aug 19 Last Checked: Aug 27 at 7:06PM
MLS# 202602735

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 700-square-foot ground-level live-work unit occupies the front of The Lofts at Marquez Place and was built in 2004. The layout includes two rooms suitable for office or bedroom use, a remodeled 3/4 bathroom with a tiled walk-in shower, and an updated kitchen equipped with a refrigerator, dishwasher, and stone-type counters. Stained concrete floors, high ceilings, large windows, radiant in-floor heat, and mini-splits for heating and cooling add functional character. A 2021 tankless water heater and washer/dryer hookups are also included.

The property carries C-2 zoning and offers residential, commercial, live-work, and multi-use possibilities as described for the unit. Open parking is provided in the parking lot. Whole Foods, Trader Joe’s, shops, restaurants, and the Railrunner are located minutes away. Public water and public sewer serve the property, while association dues cover the roof, stucco, common-area landscaping, common-area insurance, parking-lot maintenance, trash, and recycling.

Key Highlights

  • 700‑square‑foot ground‑level unit in The Lofts at Marquez Place
  • C‑2 zoning with residential, commercial, live‑work, and multi‑use possibilities
  • Two flexible rooms, remodeled 3/4 bathroom, and updated kitchen

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

Frequently Asked Questions

What type of property is this?
Live-work space - C-2-zoned unit with flexible room configuration, updated kitchen, and combined radiant and mini-split climate systems.
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 in The Lofts at Marquez Place; C‑2 zoning with residential, commercial, live‑work, and multi‑use possibilities; Two flexible rooms, remodeled 3/4 bathroom, and updated kitchen
More about this property
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