Multi-Unit Office
New
For Sale
$4,049,790
121 Sandoval Street, Santa Fe, NM 87501
CommercialSale, Santa Fe, NM
Property Size3,824 SF
Lot Size0.69 Acres
Price / SF$1,059
Days on Market3
Property Features for 121 Sandoval Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
BCD
Parking
3
Parking features
Parking Lot
Directions
High Visibility Corner of Sandoval and Alameda.
Standard status
Active
APN
010737311
Size
3,824 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Description
T17N R9E S24, FIRST NORTHERN PLAZA CONDOMINIUM, BLK 3, TRACT A, 0.695 AC
Legal Description
T17N R9E S24, FIRST NORTHERN PLAZA CONDOMINIUM, BLK 3, TRACT A, 0.695 AC
Utilities
Water source
Public
Building Details
Year built
1971
Listing Agency:
Office Court Companies
(505) 424-4600
Listed By:
Kenneth Joseph · License #15913
(505) 660-5146
Added: Aug 25
Last Checked: Aug 27 at 7:06PM
MLS# 202603738
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office condominium offering includes multiple units on the second and third floors, with sizes ranging from 460 to 3,824 square feet. Occupancy varies across the units: some are vacant, others are leased, and some operate on month-to-month leases. The association retains a right of first refusal on sales, which applies to the condominium ownership structure.
The property is located at 121 Sandoval Street in Santa Fe, New Mexico, on a 0.69-acre site. Improvements date to 1971 and include a parking lot and public water service. Zoning is designated BCD.
The property is located at 121 Sandoval Street in Santa Fe, New Mexico, on a 0.69-acre site. Improvements date to 1971 and include a parking lot and public water service. Zoning is designated BCD.
Key Highlights
- Multiple office condominium units on the 2nd and 3rd floors
- Unit sizes range from 460 to 3824 sf
- Occupancy includes vacant, leased, and month‑to‑month leased units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,554
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Second- and third-floor office units offer varied occupancy profiles within a condominium structure.
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 office condominium units on the 2nd and 3rd floors; Unit sizes range from 460 to 3824 sf; Occupancy includes vacant, leased, and month‑to‑month leased units
