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    St. Francis Professional Office Space Title is generated by Realmo AI

    1482 S Saint Francis Drive #A, Santa Fe, NM 87505

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    For Sale
    $449,000

    Flexible office space suitable for wellness or professional practices.

    Type:Commercial
    Property size:
    2,666 SF
    Price / SF:
    $168/SF
    Added:
    Sep 26, 2025
    Days on Market:
    255
    Last Refresh:
    Apr 5 at 9:15 pm

    Property Features for 1482 S Saint Francis Drive #A

    General Information

    Standard status
    Active
    Size
    2,666 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1991

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    Listing Contact
    Ayden Gramm
    Ayden Gramm

    Listing agent Ayden Gramm License #53193

    Listing office Santa Fe - Washington

    Listing date Sep 26, 2025

    Source Corcoran

    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 Santa Fe - Washington

    HighLights

    • Flexible office space easily reconfigured into one or two suites.
    • Convenient central location in St. Francis Professional Center.
    • Ample off‑street parking.
    • Reasonable association fees.
    • Good layout for wellness practitioners or professional offices.
    • Larger suite includes offices on two floors, kitchenette, and large multi‑use space.

    Overview

    This property offers an opportunity to purchase flexible office space within the St. Francis Professional Center. The space is configured as two separate suites, but can be reconfigured into a single office suite. The layout is suitable for wellness practitioners or professional offices such as legal or accounting firms. The larger suite features offices on two floors, a kitchenette, and a large multi-use space suitable for storage or an open concept workspace. Each unit includes lobby space in the entranceway. The property offers ample off-street parking and reasonable association fees.

    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 $57.6k $21.60
    − Vacancy −$8.6k −$3.24
    EGI $48.9k $18.36
    − OpEx −$12.2k −$4.59
    NOI $36.7k $13.77
    2,666 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $524.4K
    $458.9K – $611.9K (±1% cap)
    NOI $36,711 @ 7.0% cap · market cap 8.18%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $723.9K
    $633.4K – $844.6K (±1% cap)
    NOI $50,675 @ 7.0% cap · market cap 11.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Hair Salon Dental Office Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom Spa & Massage Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.958
    Latitude
    35.6644

    FAQs

    What type of property is this?
    Office units - Flexible office space suitable for wellness or professional practices.
    Where is this office units located?
    The property is located at 1482 S Saint Francis Drive #A Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Flexible office space easily reconfigured into one or two suites.; Convenient central location in St. Francis Professional Center.; Ample off‑street parking.
    More about this property
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