1005 S Saint Francis Dr Santa Fe, NM

Listing office REA Real Estate Advisors t**@tba.team Show Phone

Listing date Nov 24, 2025

Source Moodyscre

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

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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 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.