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Multi-Unit Office Condominiums
For Sale
$4,049,790

121 Sandoval Street, Santa Fe, NM 87501

Second- and third-floor condominium offices offer a mix of vacant and leased units in a central Santa Fe property.

Property Size3,824 SF
Price / SF$1,059
Days on Market14

Property Features for 121 Sandoval Street

General Information

Standard status Active
Size 3,824 SF
Property subtype Office

Additional Details

Floor 2nd and 3rd Floor

Amenities

3
Parking.
3 Parking Spaces. Lot.

Building Details

Year Built 1971
Listing Agency:
Listed By: Office Court Companies
Source: Xome
Added: Aug 19 Changed: Aug 31 Last Checked: Aug 31 at 3:15PM

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 Office Court Companies

Investment Insights

Based on property information with market context.

This offering includes multiple condominium office units located on the second and third floors at 121 Sandoval Street in Santa Fe. Available unit sizes range from 460 to 3824 sf, creating a varied configuration for office ownership or occupancy. The units have different occupancy profiles, including vacant spaces, leased units, and month-to-month arrangements.

Constructed in 1971, the property includes a parking lot with 3 parking spaces. Any sale is subject to the association’s Right of First Refusal, an important consideration for prospective purchasers. Floor plans and additional property details are available for review.

Key Highlights

  • Multiple condominium office units on the 2nd and 3rd floors
  • Unit sizes range from 460 to 3824 sf
  • Mix of vacant, leased, and month‑to‑month units

Property Analytics

Current Use

Digital Harvest Marketing & Advertising CVNM Charitable Organization Susan Mc Means ... Family Counselor Smith Design LLC Interior Design Seret's Collection Carpet Cleaning Service

Suggested Use

Top Pick Auto Parts Store Storage Facility Locksmith Auto Repair Shop HVAC Service (Bike/Boat/Book/etc) Store

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

4,554
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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second- and third-floor condominium offices offer a mix of vacant and leased units in a central Santa Fe property.
Where is this office units located?
The property is located at 121 Sandoval Street Santa Fe, NM.
What is the asking price?
The asking price for this property is $4,049,790.
What are key features of this property?
This property features: Multiple condominium office units on the 2nd and 3rd floors; Unit sizes range from 460 to 3824 sf; Mix of vacant, leased, and month‑to‑month units
More about this property
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