Two-Story Office
New
For Sale
$5,500,000
124 Marcy, Santa Fe, NM 87501
Downtown Santa Fe property with central HVAC, a street-facing balcony, rear parking, and backup power generation.
Property Size9,924 SF
Price / SF$554.21
Days on Market3
Property Features for 124 Marcy
General Information
Standard status
Active
Size
9,924 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
REAL ESTATE ADVISORS, LLC
(505) 539-3200
Listed By:
TAI BIXBY · License #40315
Source:
Corcoran
Added: Aug 15
Changed: Aug 17
Last Checked: Aug 17 at 12:12PM
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 REAL ESTATE ADVISORS, LLC
Investment Insights
Based on property information with market context.
Built in 1950, this two-story masonry office property contains 9,924 square feet, with 4,962 square feet on each floor. Interior features include wood flooring and central HVAC, while a second-floor balcony overlooks Marcy Street. A diesel-powered generator provides backup service for the building.
The property is located at 124 Marcy in downtown Santa Fe, on the south side of Marcy Street between Otero Street and Washington Avenue. It sits across from the Santa Fe Public Library and two blocks north of the Santa Fe Plaza. Walk-up entry is available from Marcy Street, with secondary access and surface parking along Nusbaum Street.
BCD zoning in the Marcy subdistrict supports office, retail, residential, and related uses. The configuration can accommodate full-building occupancy, single-floor use, or a multi-tenant office arrangement.
The property is located at 124 Marcy in downtown Santa Fe, on the south side of Marcy Street between Otero Street and Washington Avenue. It sits across from the Santa Fe Public Library and two blocks north of the Santa Fe Plaza. Walk-up entry is available from Marcy Street, with secondary access and surface parking along Nusbaum Street.
BCD zoning in the Marcy subdistrict supports office, retail, residential, and related uses. The configuration can accommodate full-building occupancy, single-floor use, or a multi-tenant office arrangement.
Key Highlights
- 9,924‑square‑foot, two‑story office building on 0.198 acres
- 4,962 square feet on each floor with masonry construction and wood flooring
- BCD zoning in the Marcy subdistrict permits office, retail, residential, and related uses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,394
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Downtown Santa Fe property with central HVAC, a street-facing balcony, rear parking, and backup power generation.
Where is this office building located?
The property is located at 124 Marcy Santa Fe, NM.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 9,924‑square‑foot, two‑story office building on 0.198 acres; 4,962 square feet on each floor with masonry construction and wood flooring; BCD zoning in the Marcy subdistrict permits office, retail, residential, and related uses
