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Downtown Santa Fe Commercial Condo
For Sale
$1,495,000
Pending

202 Galisteo, Santa Fe, NM 87501

Prime commercial condo in downtown Santa Fe with high visibility.

Property Size3,117 SF
Days on Market317

Property Features for 202 Galisteo

General Information

Standard status Pending
Size 3,117 SF
Property subtype Commercial

Building Details

Year Built 1940
Listing Agency: SOTHEBY'S INT. RE/GRANT
Listed By: DARLENE L. STREIT · License #3496596
Source: Corcoran
Added: Sep 30, 2025 Changed: Aug 8 Last Checked: Jul 23 at 10:00AM

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/GRANT

Investment Insights

Based on property information with market context.

This commercial condo is located in downtown Santa Fe. The property, with approximately 3,117 square feet, features a U-shaped design. It is zoned BCD (Business Capitol District), making it suitable for various commercial uses. The space benefits from five large windows facing Galisteo, providing abundant natural light. Recent updates include new wood floors, stylish metal lighting fixtures, and a modern tile ceiling. A shared on-site parking lot provides convenient access for customers. The sale is subject to the existing lease, presenting an investment opportunity in Santa Fe's commercial area.

Key Highlights

  • Prime downtown Santa Fe location with high visibility.
  • Zoned BCD (Business Capitol District) allowing for a variety of commercial uses.
  • Approximately 3,117 sq. ft. U‑shaped design.

Property Analytics

Current Use

Otra Vez En ... Hotel & Motel Santa Fe Rug ... Carpet & Flooring Store Santa Fe Rugs (Bike/Boat/Book/etc) Store Collected Works Bookstore ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Locksmith 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.

Location Intelligence

Trade Area within ½ mile

4,554
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 30% Hotels & Casinos 12% Apparel 6%
Blake's LotaBurger Dining
9,803 visits/mo 0.5 miles
La Fogata Dining
5,948 visits/mo 0.0 miles
Wells Fargo Shops & Services
5,396 visits/mo 0.3 miles
The UPS Store Shops & Services
4,737 visits/mo 0.3 miles
El Sendero Inn Hotels & Casinos
4,146 visits/mo 0.3 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime commercial condo in downtown Santa Fe with high visibility.
Where is this retail space located?
The property is located at 202 Galisteo Santa Fe, NM.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Prime downtown Santa Fe location with high visibility.; Zoned BCD (Business Capitol District) allowing for a variety of commercial uses.; Approximately 3,117 sq. ft. U‑shaped design.
More about this property
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