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Historic Office Building with Bank Vault
New
For Sale
$3,000,000

216 Washington, Santa Fe, NM 87501

Single-tenant building includes a finished lower level and on-site parking.

Property Size4,373 SF
Lot Size0.22 Acres
Price / SF$686.03
Days on Market5

Property Features for 216 Washington

General Information

Standard status Active
Size 4,373 SF
Total Parking Spaces 10
Lot size 0.22 Acres
Property subtype Commercial
Zoning BCD
Occupancy 100%

Amenities

vintage bank vault
Flat Roof

Building Details

Year Built 1937
Buildings 1
Building Size 4,373 SF
Construction stucco
Tenancy Single
Owner Occupied No
Listing Agency: REAL ESTATE ADVISORS, LLC
Listed By: TAI BIXBY · License #40315
Source: Corcoran
Added: Aug 18 Changed: Aug 21 Last Checked: Aug 21 at 8:21AM

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 REAL ESTATE ADVISORS, LLC

Investment Insights

Based on property information with market context.

Located at 216 Washington in Santa Fe, this single-tenant office building contains approximately 4,373 square feet on a 0.22-acre lot. Built in 1937, the property features stucco construction, a finished lower level with windows, and a vintage bank vault that remains in place. The building is fully leased and includes ten on-site parking spaces at the rear, reached by a private drive.

The property sits one block from the historic Santa Fe Plaza within the Downtown and Eastside Historic District. It is zoned BCD, Business Capitol District, Marcy Subdistrict, with permitted office, retail, and residential uses. The combination of historic character, parking, and flexible zoning supports continued office occupancy as well as future use options within the stated zoning framework.

Key Highlights

  • ±4,373 SF single‑tenant office building
  • ±0.22‑acre lot with 10 on‑site parking spaces
  • Built in 1937 with stucco construction

Property Analytics

Current Use

Santa Fe Properties Real Estate Agency Efrain Prieto Group Real Estate Agency Linda Murphy Santa ... Real Estate Agency Santa Fe Properties: ... Real Estate Agency Tom Abrams, Realtor Real Estate Agency

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Building Supply Big Box & Wholesale Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Single-tenant building includes a finished lower level and on-site parking.
Where is this office building located?
The property is located at 216 Washington Santa Fe, NM.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: ±4,373 SF single‑tenant office building; ±0.22‑acre lot with 10 on‑site parking spaces; Built in 1937 with stucco construction
More about this property
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