222 N Guadalupe Street, Santa Fe, NM 87501
MULTI_FAMILY - Santa Fe, NM
- Added:
- Apr 9, 2026
- Days on Market:
- 91
- Last Refresh:
- Jul 8 at 3:06 am
Property Features for 222 N Guadalupe Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- BCD
- Standard status
- Active
- APN
- 10193024
- Size
- 3,709 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- LOTS 17 & 17A
Utilities
- Water source
- Public
Building Details
- Year built
- 1950
Listing agent John Shepler License #8936 (505) 660-5650
Listing office Shepler Commercial, LLC 301 N Guadalupe, Suite 205, Santa Fe, NM (505) 982-7600
Listing date Apr 9, 2026
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Restaurant space (1891 sf) with established business history.
- Additional Office/Studio space upstairs (434 sf).
- Residential unit in the back (692 sf) with storage space underneath (692 sf).
- Gross annual income of approximately $58,164.
- Located in Santa Fe.
- Public water source.
Overview
The building is zoned BCD. The property is currently occupied by Remix Audio Bar, described as a coffee house and ramen concept. Public remarks also note prior restaurant use at the site, previously operating as Fire and Hops Restaurant and earlier as Tulips Restaurant.
For tenants, operators, or buyers seeking an owner-occupy or multi-use setup, the configuration supports on-site food service along with separate office/studio and residential space. Public remarks provide an approximately $58,164 per year gross income figure, with taxes estimated at approximately $6,726 per year and insurance estimated at approximately $3,600 per year, based on available information. This allows prospective buyers to evaluate the property’s existing income components alongside its three distinct functional areas.
Local Financial Insights For Specialty Retail
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 | $80.1k | $21.60 |
| − Vacancy | −$5.0k | −$1.34 |
| EGI | $75.1k | $20.26 |
| − OpEx | −$18.8k | −$5.07 |
| NOI | $56.4k | $15.20 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Downtown Subscription — 376 Garcia St, Santa Fe, NM 87501
- Alcalde Cruizen Cuisine — 518 Old Santa Fe Trail, Santa Fe, NM 87505
- Modern General Feed & Seed — 637 Cerrillos Rd, Santa Fe, NM 87505
- Starbucks — 907 S St Francis Dr, Santa Fe, NM 87505
- WFM Coffee & Juice Bar — 753 Cerrillos Rd, Santa Fe, NM 87505
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.9443699
- Latitude
- 35.6898574
