Flex Space with Office and
1216 Mercantile, Santa Fe, NM 87507
For Lease
New
$8,829/Mo
CommercialLease, Santa Fe, NM
Space Size6,900 SF
Lot Size3.82 Acres
Days on Market4
Property Features for 1216 Mercantile
General Information
Property type
Property subtype
Zoning
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Water source
Building Details
Year built
Listing Agency:
Landseer Management
(505) 313-0099
Listed By:
Brant Goodman · License NM #16424
(505) 690-7311
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 9 at 7:06PM
MLS# 202604731
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.
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Investment Insights
Based on property information with market context.
Suite B provides 6,900 square feet of flex space with finished office areas and an open warehouse component. The interior has concrete floors, overhead lighting, and high ceilings. Shared restroom access and on-site parking are available. The building was constructed in 1999, and the property has a public water source.
Located at 1216 Mercantile in Santa Fe, the suite is zoned I-1. Its office and warehouse configuration supports a range of commercial operations, subject to permitted uses.
Located at 1216 Mercantile in Santa Fe, the suite is zoned I-1. Its office and warehouse configuration supports a range of commercial operations, subject to permitted uses.
Key Highlights
- 6,900 square feet of flex space in Suite B
- Finished office areas paired with an open warehouse layout
- High ceilings, concrete flooring, and overhead lighting
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 87507, NM
51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Casa Nova Custom Catering — 1314 Rufina Cir a7, Santa Fe, NM 87507
- Marigold Kitchen — 1314 Rufina Cir A 3, Santa Fe, NM 87507
Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned space combines finished office areas with an open warehouse layout and shared restroom access.
Where is this flex space located?
The property is located at 1216 Mercantile Santa Fe, NM.
What is the lease rate?
The lease rate is $8,829/Mo.
What are key features of this property?
This property features: 6,900 square feet of flex space in Suite B; Finished office areas paired with an open warehouse layout; High ceilings, concrete flooring, and overhead lighting
