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Downtown Santa Fe Mixed-Use Property

328 Staab Santa Fe, NM 87501

328 Staab, Santa Fe, NM, 87501

$899,900

For Sale

$899,900

Versatile property in downtown Santa Fe, suitable for residential or commercial.

Property Size2,067 SF

Lot Size0.17 Acres

Price / SF$435.37

AddedMar 16

Days on Market122

Last RefreshJul 5 at 10:50 am

Property Features for 328 Staab

General Information

Standard status: Active
Size: 2,067 SF
Lot size: 0.17 Acres
Property subtype: Commercial

Building Details

Year Built: 1967

Listing office BARKER REALTY, LLC

Listing date Mar 16, 2026

Source Corcoran

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 BARKER REALTY, LLC

Investment Insights

Based on property information with market context.

This mixed-use property, formerly a law practice and residence, is located in downtown Santa Fe. Zoned for both residential and commercial use, the property offers opportunities for homeowners and entrepreneurs. The heated space encompasses over two thousand square feet and features wood flooring, five rooms, and two baths. Private courtyards are located in the front and back of the property. The location provides access to dining, galleries, and cultural landmarks. The Plaza is nearby. Ample parking is available for residents and guests.

Key Highlights

Prime downtown Santa Fe location: walk to dining, galleries, and the Plaza.
Zoned for both residential and commercial use, offering flexibility.
Over 2,000 sq ft of heated space with 5 rooms and 2 baths.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$44.6k	$21.60
− Vacancy	−$6.7k	−$3.24
EGI	$38.0k	$18.36
− OpEx	−$9.5k	−$4.59
NOI	$28.5k	$13.77

2,067 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$406.6K

$355.8K – $474.4K (±1% cap)

NOI $28,463 @ 7.0% cap · market cap 3.16%

Second Best

Apartment 5plus

$405.1K

$354.5K – $472.7K (±1% cap)

NOI $28,360 @ 7.0% cap · market cap 3.15%

Theoretical Best

Office A

$561.3K

$491.1K – $654.8K (±1% cap)

NOI $39,290 @ 7.0% cap · market cap 4.37%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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Suggested Use

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What type of property is this?

Mixed-use property - Versatile property in downtown Santa Fe, suitable for residential or commercial.

Where is this mixed-use property located?

The property is located at 328 Staab Santa Fe, NM.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: Prime downtown Santa Fe location: walk to dining, galleries, and the Plaza.; Zoned for both residential and commercial use, offering flexibility.; Over 2,000 sq ft of heated space with 5 rooms and 2 baths.