Three-Story Mixed-Use
For Sale
$1,900,000
2325 Cerrillos, Santa Fe, NM 87505
CommercialSale, Santa Fe, NM
Property Size24,000 SF
Lot Size0.59 Acres
Price / SF$79.17
Days on Market68
Property Features for 2325 Cerrillos
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
011211648
Size
24,000 SF
Lot size
0.59 Acres
Taxes and HOA fees
Tax Description
T17N R9E S34, DOMINGO S/D, BLOCK 2, LOTS 2, 3 & 4 , 0.600 AC
Legal Description
T17N R9E S34, DOMINGO S/D, BLOCK 2, LOTS 2, 3 & 4 , 0.600 AC
Utilities
Water source
Public
Building Details
Year built
1998
Listing Agency:
spicyProperties
(505) 216-7788
Listed By:
Krishan Kumar · License #18765
(505) 216-7788
Added: Jun 21
Changed: Aug 19
Last Checked: Aug 27 at 8:06PM
MLS# 202602834
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.
Investment Insights
Based on property information with market context.
The La Luz Building is a three-story mixed-use property containing 24,000 square feet on a 0.59-acre parcel. Built in 1998, the building combines upper-level residential units with separately arranged commercial space at ground level. The residential component includes 24 apartments and 32 total rooms, operating as a 100% low-income housing community under specific use restrictions. An active HUD grant supports the housing program.
Ground-floor office suites are available for leasing and are physically separated from the residential areas. The property is located at 2325 Cerrillos Road in Santa Fe, New Mexico, with public water service. Its combination of apartment housing and office space creates two distinct functional components within one building.
Ground-floor office suites are available for leasing and are physically separated from the residential areas. The property is located at 2325 Cerrillos Road in Santa Fe, New Mexico, with public water service. Its combination of apartment housing and office space creates two distinct functional components within one building.
Key Highlights
- 24,000 square feet across three stories
- 24 apartments with 32 total rooms
- 100% low‑income housing community with specific use restrictions
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 87505, NM
32,078
Population
18,733
Households
1.7
Avg Household Size
52
Median Age
54%
College-Educated
94%
High-School Grad
65.1 sq mi
ZIP Area
493
Density / Sq Mi
$75,912
Median Household Income
$41,169
Median Earnings
$1,348
Median Rent
$484,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Upper-level apartments operate under low-income housing restrictions, with separate office suites occupying the ground floor.
Where is this mixed-use property located?
The property is located at 2325 Cerrillos Santa Fe, NM.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 24,000 square feet across three stories; 24 apartments with 32 total rooms; 100% low‑income housing community with specific use restrictions
