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Ground-Floor Retail Suite
For Lease
$1,983/Mo

111-500 Market St, Santa Fe, NM 87501

Business Capital District zoning supports retail, restaurant, office, educational, medical, and entertainment uses.

Space Size793 SF
Days on Market62

Property Features for 111-500 Market St

General Information

Standard status Active
Size 793 SF
Net Rentable 793 SF
Zoning BCD

Space & Availability

Available Space 793 SF
Contiguous Space 793 SF
Floor Ground
Space Use Retail
Available From 2026-09-01

Amenities

underground parking
direct street-level visibility
adjacent to Rail Runner station

Building Details

Tenancy Multi
Listing Agency: Real Estate Advisors, LLC
Listed By: Jennifer Dyess · License #53964
Source: Exprealty
Added: Jun 23 Changed: Aug 21 Last Checked: Aug 23 at 5:28AM

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 Real Estate Advisors, LLC

Investment Insights

Based on property information with market context.

Suite 111 is a ground-level retail space containing ±793 rentable square feet within Market Station. The premises provide storefront exposure and entry from the street, with availability beginning September 1, 2026. Business Capital District zoning supports a range of retail, restaurant, entertainment, office, educational, medical, and other commercial uses.

Market Station is located in Santa Fe’s Railyard District near REI, La Lecheria Railyard, Sky Cinema, Tomasita’s Restaurant, the Santa Fe Farmers Market, and the New Mexico School for the Arts. The Santa Fe Rail Runner station sits directly next to the property, while more than 400 City-owned underground parking spaces are positioned beneath the building.

Key Highlights

  • ±793 rentable square feet of ground‑floor retail space
  • Street‑level storefront access and visibility
  • Business Capital District (BCD) zoning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service Locksmith Law Firm Auto Repair Shop Tattoo & Piercing Shop

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Retail space - Business Capital District zoning supports retail, restaurant, office, educational, medical, and entertainment uses.
Where is this retail space located?
The property is located at 111-500 Market St Santa Fe, NM.
What is the lease rate?
The lease rate is $1,983/Mo.
What are key features of this property?
This property features: ±793 rentable square feet of ground‑floor retail space; Street‑level storefront access and visibility; Business Capital District (BCD) zoning
More about this property
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