Search
Ground-Floor Retail Suite
For Sale
Contact for pricing

123 W Water Street, Santa Fe, NM 87501

Rear storage, a restroom, and a fitting room support a range of retail configurations.

Property Size1,100 SF
Price / SF$4.01
Days on Market12

Property Features for 123 W Water Street

General Information

Standard status Active
Size 1,100 SF

Additional Details

Floor Ground
Corner Location Yes

Amenities

storage
bathroom
fitting room
Listing Agency: SF Brown Real Estate
Listed By: Alicia Bertram · License #48316
Source: Quailrunsothebys
Added: Oct 2 Changed: Oct 10 Last Checked: Oct 12 at 7:35PM

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 SF Brown Real Estate

Investment Insights

Based on property information with market context.

This 1,100-square-foot ground-floor suite has a rear area with storage, a restroom, and a fitting room. Its configuration may suit gallery, retail, or office use. South-facing windows bring natural light into the space.

The suite occupies a corner at W Water Street and Don Gaspar, across from the St. Francis Hotel. The current clothing-store tenant is expected to leave in mid-September 2026. The space is offered as a sublease, and the owners are open to considering a longer lease.

Key Highlights

  • 1,100 SF of ground‑floor retail space
  • Corner location at W Water Street and Don Gaspar
  • South‑facing windows provide natural light

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Sun Country Traders (Bike/Boat/Book/etc) Store Santa Fe plaza ... Public Bathroom Citrus Clothing Store

Suggested Use

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

4,554
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 0.5 miles
La Fogata Dining
5,948 visits/mo 0.0 miles
Wells Fargo Shops & Services
5,396 visits/mo 0.3 miles
The UPS Store Shops & Services
4,737 visits/mo 0.3 miles
El Sendero Inn Hotels & Casinos
4,146 visits/mo 0.3 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
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Rear storage, a restroom, and a fitting room support a range of retail configurations.
Where is this retail space located?
The property is located at 123 W Water Street Santa Fe, NM.
What are key features of this property?
This property features: 1,100 SF of ground‑floor retail space; Corner location at W Water Street and Don Gaspar; South‑facing windows provide natural light
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again