Downtown Two-Story Office
For Sale
$5,500,000
124 Marcy Street, Santa Fe, NM 87501
CommercialSale, Santa Fe, NM
Property Size9,924 SF
Lot Size0.20 Acres
Price / SF$554.21
Days on Market49
Property Features for 124 Marcy Street
General Information
Property type
Commercial Sale
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
balcony
backup generator
Building Details
Year built
1950
Listing Agency:
Real Estate Advisors, LLC
(505) 539-3200
Listed By:
Tai Bixby · License #40315
(505) 577-3524
Added: Aug 14
Changed: Aug 19
Last Checked: Oct 1 at 1:06PM
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.
124 Marcy Street is a two-story office building containing 9,924 square feet, with 4,962 square feet on each level. The masonry structure includes wood flooring, central HVAC, and a second-floor balcony oriented toward Marcy Street. A diesel-powered backup generator supports building operations. Access is provided from Marcy Street, with additional entry and surface parking at the rear along Nusbaum Street.
The property occupies a downtown Santa Fe position on Marcy Street between Otero Street and Washington Avenue, two blocks north of the Santa Fe Plaza and across from the Santa Fe Public Library. It is part of an established professional office area serving law firms, financial advisors, media companies, and civic institutions. BCD zoning in the Marcy subdistrict permits office, retail, residential, and related uses, supporting continued office occupancy or a mixed-use repositioning consistent with the district.
The property occupies a downtown Santa Fe position on Marcy Street between Otero Street and Washington Avenue, two blocks north of the Santa Fe Plaza and across from the Santa Fe Public Library. It is part of an established professional office area serving law firms, financial advisors, media companies, and civic institutions. BCD zoning in the Marcy subdistrict permits office, retail, residential, and related uses, supporting continued office occupancy or a mixed-use repositioning consistent with the district.
Key Highlights
- 9,924‑square‑foot, two‑story office building with 4,962 square feet on each floor
- BCD zoning permits office, retail, residential, and related uses
- Second‑floor balcony fronts Marcy Street
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Masonry office property with central HVAC, a Marcy Street balcony, backup generation, and flexible BCD zoning.
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, two‑story office building with 4,962 square feet on each floor; BCD zoning permits office, retail, residential, and related uses; Second‑floor balcony fronts Marcy Street
