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Historic Office Building
For Sale
$3,000,000

216 Washington Avenue, Santa Fe, NM 87501

A finished lower level and rear parking provide practical features in a historic district setting.

Property Size4,373 SF
Lot Size0.22 Acres
Price / SF$686.03
Days on Market81

Property Features for 216 Washington Avenue

General Information

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

Additional Details

Condition Turnkey
Office Units 1
Tenant in Place Yes
Property Use Office

Amenities

vintage bank vault

Building Details

Year Built 1937
Buildings 1
Building Size 4,373 SF
Construction stucco
Tenancy Single
Listing Agency: Real Estate Advisors, LLC
Listed By: Tai Bixby · License #40315
Source: 1stclassrealtyofsantafe
Added: Aug 17 Changed: Nov 4 Last Checked: Nov 5 at 4:32AM

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

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Investment Insights

Based on property information with market context.

Built in 1937, this 4,373-square-foot office building occupies a 0.22-acre parcel at 216 Washington Avenue in Santa Fe. The single-tenant property is fully leased and includes a finished lower level with windows, as well as a vintage bank vault. Ten parking spaces are located behind the building and reached by a private drive.

The property sits within the Downtown and Eastside Historic District, one block from the Santa Fe Plaza. Its BCD Business Capitol District, Marcy Subdistrict zoning permits office, retail, and residential uses.

Key Highlights

  • 4,373‑square‑foot office building on a 0.22‑acre lot
  • Built in 1937; located in the Downtown and Eastside Historic District
  • Single‑tenant building, fully leased

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Big Box & Wholesale Store Building Supply 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

1
Office units
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - A finished lower level and rear parking provide practical features in a historic district setting.
Where is this office building located?
The property is located at 216 Washington Avenue 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‑square‑foot office building on a 0.22‑acre lot; Built in 1937; located in the Downtown and Eastside Historic District; Single‑tenant building, fully leased
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