1005 S Saint Francis Dr Santa Fe, NM 87505
Restaurant condo unit with patio and development rights for sale.
Property size:
5,015 SFLot size:
0.67 AcresProperty Features for 1005 S Saint Francis Dr
General Information
- Size
- 5,015 SF
- Lot size
- 0.67 Acres
Source:
Moodyscre
Listing Agent: Tai Bixby
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Restaurant Building with Development Rights
This offering features an existing 5,051-square-foot restaurant building, identified as Condo Unit A, complemented by an approximately 1,100-square-foot patio. The sale includes the existing condo unit along with reserved development rights that cover a parking area, which has the potential for conversion into additional condominium units. Situated on a high-traffic corner at the intersection of St Francis Drive and Cerillos Road, the location benefits from approximately 72,000 vehicles per day. The property is located within a dense commercial corridor, near Whole Foods, Trader Joe's, Walgreens, CVS, and numerous other national credit businesses. The BCD (Cerrillos Subdistrict) zoning permits a variety of commercial uses, including retail, banking, restaurants, drive-through facilities, quick-service restaurants, hospitality, and office spaces. The maximum development height allowed is 45 feet. Note that residential use is not permitted according to condominium rules. The property is intended for commercial use.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Restaurants
Similar Places Nearby
Open Kitchen Santa Fe
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.9525292
- Latitude
- 35.6778051
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Restaurant condo unit with patio and development rights for sale.
Where is this restaurant located?
The property is located at 1005 S Saint Francis Dr Santa Fe, NM.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: - High-traffic corner location at St Francis & Cerillos Rd with 72,000 VPD±.; - Includes existing 5,051sf± restaurant building (Condo Unit A) with a 1,100sf± patio.; - Reserved development rights to convert the parking area into additional condominium units.