Mixed-Use Building with
For Sale
$749,000
222 N Guadalupe Street, Santa Fe, NM 87501
A ground-floor restaurant is paired with upstairs office and studio space, plus a separate residential unit at the rear.
Property Size3,709 SF
Price / SF$201.94
Days on Market205
Property Features for 222 N Guadalupe Street
General Information
Standard status
Active
Size
3,709 SF
Property subtype
Investment
Additional Details
Currently Operating
Yes
Building Details
Building Size
3,709 SF
Year Built
1950
Listing Agency:
Shepler Commercial, LLC
Listed By:
John Shepler · License #8936
(505) 660-5650
Source:
Nmrootsrealestate
Added: Apr 9
Changed: Oct 30
Last Checked: Oct 30 at 1:58AM
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 Shepler Commercial, LLC
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Investment Insights
Based on property information with market context.
This 1950-built mixed-use property combines a ground-floor restaurant with office and studio space above. The restaurant occupies 1,891 square feet, while the upper-level office/studio area contains 434 square feet. A separate residential unit at the rear measures 692 square feet, with 692 square feet of storage below it.
Key Highlights
- 1,891‑square‑foot restaurant on the ground floor
- 434 square feet of upstairs office/studio space
- Rear residential unit measures 692 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,360
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,127,200
$1.1M
Cap Rate 7%
$805,143
$805.1K
Cap Rate 9%
$626,222
$626.2K
Market Conditions
NOI Build-Up for 3,709 SF
Gross rent
$80.1K $21.60/SF
− Vacancy
−$5.0K −$1.34/SF
EGI
$75.1K $20.26/SF
− OpEx
−$18.8K −$5.07/SF
NOI
$56.4K $15.20/SF
Area
Santa Fe County, NM
Vacancy
6.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,127,200
Cap Rate 7%
$805,143
Cap Rate 9%
$626,222
Alternative Uses
Best Use
Specialty Retail
$805.1K
$704.5K – $939.3K
NOI $56,360 @ 7.0% cap · market cap 7.52%
Second Best
Mixed Use
$493.0K
$431.4K – $575.2K
NOI $34,512 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$1.01M
$881.3K – $1.18M
NOI $70,501 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,310
Businesses Nearby
93k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 31%
Groceries 20%
Apparel 20%
Dining 19%
HomeGoods
Home Improvements & Furnishings
26,258 visits/mo
0.5 miles
Sprouts Farmers Market
Groceries
18,609 visits/mo
0.4 miles
REI
Apparel
16,262 visits/mo
0.5 miles
Blake's LotaBurger
Dining
9,803 visits/mo
0.2 miles
La Fogata
Dining
5,948 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor restaurant is paired with upstairs office and studio space, plus a separate residential unit at the rear.
Where is this mixed-use property located?
The property is located at 222 N Guadalupe Street Santa Fe, NM.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 1,891‑square‑foot restaurant on the ground floor; 434 square feet of upstairs office/studio space; Rear residential unit measures 692 square feet
