Back to Search
Two-Story Office Condo For Sale

1464 S St Francis Santa Fe, NM 87505

1464 S St Francis, Santa Fe, NM, 87505
$229,000
For Sale
Claim this Listing
$229,000

SINGLE_FAMILY - Santa Fe, NM

Property Size1,176 SF
Price / SF$194.73
AddedJul 11, 2025
Days on Market370
Last RefreshJul 15 at 4:06 am

Property Features for 1464 S St Francis

General Information

Property type
Residential
Property subtype
Office
Zoning
C-1
Parking
3
Standard status
Active
APN
18100100
Size
1,176 SF

Taxes and HOA fees

Tax Description
T1 7N R9E S35, St. Francis Professional Center, Lot 13, .09 AC

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1991
Flooring type
Carpet

Listing agent Cozette E. Hansen License #49928

Listing office Barker Realty, LLC 530 S Guadalupe St., Santa Fe, NM

Listing date Jul 11, 2025

MLS# 202502674

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.

This two-story office condo is located in the Saint Francis Professional Center (Clock Tower). The 1176-square-foot space includes four windowed offices, one with a kiva fireplace and two with built-in bookcases. It also features a private restroom and a spacious waiting/reception area with ample storage. Newly installed commercial-grade carpet is present throughout the property. Situated just off South St. Francis Drive in Santa Fe, New Mexico, the property provides convenient access to I-25, restaurants, and shopping. The property is zoned C-1. This presents an opportunity for a small business or satellite office.

Key Highlights

  • Four windowed offices, including one with a kiva fireplace and two with built‑in bookcases.
  • Convenient location off South St. Francis Drive with easy access to I‑25, restaurants, and shopping.
  • Spacious waiting/reception area with ample storage.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $25.4k $21.60
− Vacancy −$3.8k −$3.24
EGI $21.6k $18.36
− OpEx −$5.4k −$4.59
NOI $16.2k $13.77
1,176 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$231.3K
$202.4K – $269.9K (±1% cap)
NOI $16,194 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.3K
$279.4K – $372.6K (±1% cap)
NOI $22,353 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

(Bike/Boat/Book/etc) Store HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Catering Service Plumbing Service Daycare Center Grocery & Convenience Store Clothing & Fashion Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Two-story office condo with four offices, restroom, and reception.
Where is this office units located?
The property is located at 1464 S St Francis Santa Fe, NM.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Four windowed offices, including one with a kiva fireplace and two with built‑in bookcases.; Convenient location off South St. Francis Drive with easy access to I‑25, restaurants, and shopping.; Spacious waiting/reception area with ample storage.
Contact an agent
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