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Three-Story Restaurant Building
For Sale
$3,450,000

122 Grant Avenue, Santa Fe, NM 87501

COMMERCIAL - Other - Santa Fe, NM

Property Size4,690 SF
Lot Size0.26 Acres
Price / SF$735.61
Days on Market1377

Property Features for 122 Grant Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning BCD
Rooms Basement
Interior features InteriorSteps
Elementary school Carlos Gilbert
Middle school Milagro
High school Santa Fe
Directions Paseo de Peralta to Grant, south, to property.
Standard status Active
APN 018310234
Size 4,690 SF
Lot size 0.26 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
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Flooring type Concrete, Carpet, Tile, Wood, Vinyl
Architectural style Other
Listing Agency: Corcoran Plaza Properties
Listed By: Christine McDonald · License #42961
Added: Nov 21, 2022 Changed: Aug 5 Last Checked: Aug 29 at 2:06PM
MLS# 202233876

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.

Three-story restaurant building offering a versatile layout across multiple levels. The ground floor includes a fully equipped, turnkey restaurant space. The second floor provides an adaptable environment suited for a boutique office or live-work setup. The third floor features a move-in-ready penthouse.

Located at 122 Grant Avenue in Santa Fe, the property is one block from the Plaza and directly opposite the Georgia O’Keeffe Museum. The site is zoned BCD.

The property sits on a 0.26-acre lot with a total size of 4,690 square feet. Interior features include interior steps, with basement space noted. Flooring includes concrete, carpet, vinyl, wood, and tile. Cooling is provided via central air, and utilities include public water and public sewer.

Key Highlights

  • 0.26‑acre lot
  • 4,690 square feet
  • Zoned BCD

Property 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
Under-served
Demand for This Use

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Three-story restaurant building with central air, public water, public sewer, and BCD zoning in downtown Santa Fe.
Where is this conventional restaurant 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: 0.26‑acre lot; 4,690 square feet; Zoned BCD
More about this property
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