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Historic Adobe Restaurant
New
For Sale
$3,300,000

321 Johnson St., Santa Fe, NM 87501

COMMERCIAL - Santa Fe, NM

Property Size4,052 SF
Lot Size0.27 Acres
Price / SF$814.41
Days on Market2

Property Features for 321 Johnson St.

General Information

Property type Commercial Sale
Property subtype Other
Zoning BCD
Parking 19
Parking features Parking Lot, On Street
Directions Guadalupe St to Johnson St.
Standard status Active
APN 018101084
Size 4,052 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description T17 N R9 E S24, Block 15, Tract A, 0.266 Ac
Legal Description T17 N R9 E S24, Block 15, Tract A, 0.266 Ac

Utilities

Sewer type Public Sewer
Water source Public

Amenities

multiple dining rooms
private dining space
central bar

Building Details

Year built 1930
Flooring type Concrete, Wood, Tile
Building materials Adobe
Listing Agency: Barker Realty, LLC
Listed By: Rebekah Clark · License #52242
Added: Aug 11 Last Checked: Aug 12 at 1:06AM
MLS# 202603512

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.

This 4,052-square-foot restaurant occupies a 1930 adobe building at 321 Johnson St. The property was substantially upgraded in 2020, including the roof, stucco, windows, utilities, and kitchen equipment. Interior improvements provide several dining rooms, a private dining area, and a central bar, while the patio includes planted vegetables. Seating accommodates up to 94 guests indoors and 20 outdoors.

Positioned at the corner of Johnson and Guadalupe in Santa Fe, the property offers guest access from both streets. Parking is provided in an on-site lot, with additional on-street parking. Public water and public sewer serve the property, which carries BCD zoning. Concrete, wood, and tile flooring complement the adobe construction and renovated restaurant interior.

Key Highlights

  • 4,052 square feet on 0.27 acres
  • 1930 adobe building upgraded in 2020
  • Indoor seating for up to 94 guests plus 20 patio seats

Property Analytics

Current Use

Pranzo Italian Grill Restaurant

Suggested Use

Top Pick Storage Facility Auto Parts Store (Bike/Boat/Book/etc) Store Butcher Florist Mobile Phone Store

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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,310
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restored restaurant property with flexible dining areas, private dining, a central bar, patio seating, and on-site parking.
Where is this conventional restaurant located?
The property is located at 321 Johnson St. Santa Fe, NM.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 4,052 square feet on 0.27 acres; 1930 adobe building upgraded in 2020; Indoor seating for up to 94 guests plus 20 patio seats
More about this property
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