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Mixed-Use Property with Restaurant

122 Grant Avenue, Santa Fe, NM 87501

For Sale
$3,450,000

CommercialSale, Santa Fe, NM

Property Size6,250 SF
Lot Size0.22 Acres
Price / SF$552
Days on Market1448

Property Features for 122 Grant Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning BCD
Parking 10
Parking features Parking Lot, On Street
Directions Paseo de Peralta to Grant, south, to the property.
Standard status Active
APN 018310234
Size 6,250 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description T17N R 9E S24 .2600 AC LOT 6 GRANT CORNER INN
Tax Annual Amount 14788
Legal Description T17N R 9E S24 .2600 AC LOT 6 GRANT CORNER INN

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Flooring type Wood, Tile, Concrete, Carpet
Building materials Brick, Frame, Concrete
Roof type Tile, Tar/Gravel
Buildings 1
Listing Agency: Corcoran Plaza Properties
Listed By: Christine McDonald · License #42961
Added: Nov 21, 2022 Changed: Nov 6 Last Checked: Nov 7 at 7:06PM
MLS# 202233875

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.

Rey
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Investment Insights

Based on property information with market context.

This 6,250-square-foot mixed-use property occupies a 0.22-acre parcel and has three distinct floor configurations. The ground level is arranged for restaurant use, the second floor contains functional office space, and the top floor was designed as a penthouse. Brick, frame, and concrete are among the building materials; flooring includes wood, tile, concrete, and carpet.

At 122 Grant Avenue in Santa Fe, the property is one block from the Plaza and across from the O’Keeffe Museum. It is zoned BCD and has public water and sewer service. Parking includes a lot and on-street options.

Key Highlights

  • 6,250‑square‑foot building on a 0.22‑acre parcel
  • Ground floor configured for restaurant use
  • Second floor contains functional office space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Adobes & Dirt, LLC Real Estate Agency Grant Corner Galleria Discount Store

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store HVAC Service Butcher Grocery & Convenience 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

4,292
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 30% Hotels & Casinos 12% Apparel 6%
Blake's LotaBurger Dining
9,803 visits/mo 0.4 miles
La Fogata Dining
5,948 visits/mo 0.2 miles
Wells Fargo Shops & Services
5,396 visits/mo 0.3 miles
The UPS Store Shops & Services
4,737 visits/mo 0.2 miles
El Sendero Inn Hotels & Casinos
4,146 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Santa Fe, NM

$527 Jul
$381 Aug
$433 Sep
$385 Oct

Properties on Market for Mixed-use properties in Santa Fe

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three floors are configured for restaurant, office, and penthouse use.
Where is this mixed-use property located?
The property is located at 122 Grant Avenue Santa Fe, NM.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 6,250‑square‑foot building on a 0.22‑acre parcel; Ground floor configured for restaurant use; Second floor contains functional office space
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