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Remodeled Two-Level Office Building
For Sale
Contact for pricing
Pending

200 W De Vargas Street Unit 8, Santa Fe, NM 87501

Two independently usable office levels provide flexible space for multiple businesses or tenants, with shared parking and downtown access.

Property Size4,618 SF
Days on Market144

Property Features for 200 W De Vargas Street Unit 8

General Information

Standard status Pending
Size 4,618 SF
Total Parking Spaces 16
Property subtype Office

Amenities

kiva fireplaces
security gate
mountain and downtown views

Building Details

Year Renovated 2016
Buildings 1
Stories 2
Listing Agency: Sotheby's Int. RE/Washington
Listed By: Laura Barber · License #NM 50917
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 7:08AM

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 Sotheby's Int. RE/Washington

Investment Insights

Based on property information with market context.

This remodeled office property at 200 W De Vargas Street, Unit 8, includes two separately operable levels totaling 4,618 square feet. The 2,268-square-foot lower level offers a conference room, reception area, kitchenette, two bathrooms, mail room, private offices, and a work area sized for multiple cubicles. The 2,350-square-foot upper level contains six private offices, two bathrooms, a kitchenette, shared work or meeting space, two stairways, and two kiva fireplaces.

Remodeling completed in 2016 included interior and exterior painting, seven mini-split units, roofing repairs, new carpet in the upper unit, and a security gate serving the second-floor space. The property includes 16 spaces in shared parking and borders the Santa Fe River. The Santa Fe Plaza, District Courthouse, State Capitol Building, and Railyard are within walking distance. The owners plan to lease back half of the property for a minimum of three years, with a renewal option.

Key Highlights

  • Two office levels totaling 4,618 square feet can function together or independently
  • Lower level measures 2,268 square feet with conference room, reception, kitchenette, 2 bathrooms, mail room, and private offices
  • Upper level contains 2,350 square feet, 6 private offices, 2 bathrooms, 2 kiva fireplaces, and 2 stairways

Property Analytics

Current Use

Shepler Commercial Real ... Real Estate Agency Nambe LLC Business Administration Service dwl group Consultant Artisan Title Title Company Fineberg Leah MD Alternative Medicine Practice

Suggested Use

Top Pick Storage Facility Auto Parts Store HVAC Service Locksmith (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.

Location Intelligence

Trade Area within ½ mile

4,670
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
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Frequently Asked Questions

What type of property is this?
Office building - Two independently usable office levels provide flexible space for multiple businesses or tenants, with shared parking and downtown access.
Where is this office building located?
The property is located at 200 W De Vargas Street Unit 8 Santa Fe, NM.
What are key features of this property?
This property features: Two office levels totaling 4,618 square feet can function together or independently; Lower level measures 2,268 square feet with conference room, reception, kitchenette, 2 bathrooms, mail room, and private offices; Upper level contains 2,350 square feet, 6 private offices, 2 bathrooms, 2 kiva fireplaces, and 2 stairways
(505) 988-8088 Call to check price and availability
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