1005 S Saint Francis Dr Santa Fe, NM
Call to check price and availability
Restaurant condo unit with patio and development rights for sale.
Type:RETAIL
Property size:
5,015 SFLot size:
0.67 AcresPrice / SF:
$658/SF- Added:
- Mar 21, 2025
- Days on Market:
- 407
- Last Refresh:
- Apr 5 at 9:38 pm
Property Features for 1005 S Saint Francis Dr
General Information
- Standard status
- Active
- Size
- 5,015 SF
- Lot size
- 0.67 Acres
- Property subtype
- RETAIL
Listing agent Tai Bixby CCIM License #40315 (505) 577-3524
Listing office REA Real Estate Advisors (505) 577-3524
Listing date Mar 21, 2025
Source Moodyscre
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 REA Real Estate Advisors
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 — 227 Don Gaspar Ave, Santa Fe, NM 87501
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.953
- Latitude
- 35.6778
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.
