Search
Two-Story Office Building
New
For Sale
$5,500,000

124 Marcy Street, Santa Fe, NM 87501

SINGLE_FAMILY - Santa Fe, NM

Property Size9,924 SF
Lot Size0.20 Acres
Price / SF$554.21
Days on Market2

Property Features for 124 Marcy Street

General Information

Property type Residential
Property subtype Office
Zoning BCD
Standard status Active
APN 018402183
Size 9,924 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description T17N R9E S24, LOT 3, 0.198 AC
Legal Description T17N R9E S24, LOT 3, 0.198 AC

Utilities

Water source Public

Amenities

wood flooring
central HVAC
second floor balcony
diesel powered backup generator

Building Details

Year built 1950
Listing Agency: Real Estate Advisors, LLC
Listed By: Tai Bixby · License #40315
Added: Aug 14 Last Checked: Aug 15 at 9:06PM
MLS# 202603582

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.

Located at 124 Marcy Street, this two-story office building contains 9,924 square feet, with 4,962 square feet on each level. The 1950 masonry structure includes wood flooring, central HVAC, a second-floor balcony facing Marcy Street, and a diesel-powered backup generator. Public water serves the property, and rear surface parking is accessed from Nusbaum Street.

The building is positioned on the south side of Marcy Street between Otero Street and Washington Avenue, two blocks north of the Santa Fe Plaza and across from the Santa Fe Public Library. BCD zoning in the Marcy subdistrict supports office, retail, residential, and related uses. The configuration can accommodate full-building occupancy, partial occupancy with leasing of the remaining floor, or a multi-tenant office arrangement.

Key Highlights

  • 9,924‑square‑foot office building with 4,962 square feet on each of two floors
  • 1950 masonry construction with wood flooring and central HVAC
  • Second‑floor balcony fronts Marcy Street

Property Analytics

Current Use

Peters Corporation Art Gallery Santa Fe Dining Corporate Office

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,394
Businesses Nearby

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Professional office property with flexible BCD zoning and rear surface parking access.
Where is this office building located?
The property is located at 124 Marcy Street 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 office building with 4,962 square feet on each of two floors; 1950 masonry construction with wood flooring and central HVAC; Second‑floor balcony fronts Marcy Street
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