Ground-Floor Retail
For Lease
$1,983/Mo
500 Market Street, Santa Fe, NM 87501
COMMERCIAL - Santa Fe, NM
Space Size793 SF
Lot Size1.15 Acres
Days on Market55
Property Features for 500 Market Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
BCD
Parking features
Garage
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
00000000
Size
793 SF
Lot size
1.15 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2008
Listing Agency:
Real Estate Advisors, LLC
(505) 539-3200
Listed By:
Jennifer Dyess · License #53964
(817) 228-8514
Added: Jun 19
Changed: Aug 4
Last Checked: Aug 12 at 8:06AM
MLS# 202602770
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.
Suite 111 at Market Station is a ground-floor storefront space configured for retail use, offering direct street-level visibility and access. The space is available September 1, 2026, and totals approximately 793 rentable square feet.
Market Station is located at 500 Market Street in Santa Fe’s Railyard District and is positioned among a mix of nearby tenants and destinations, including REI, La Lecheria Railyard, Sky Cinema, Tomasita’s Restaurant, the Santa Fe Farmers Market, and the New Mexico School for the Arts. The Santa Fe Rail Runner station is directly adjacent, creating ongoing exposure to residents and visitors. The property also benefits from more than 400 City-owned underground parking spaces located directly beneath the building.
Business Capital District (BCD) zoning supports a broad range of uses, including retail, restaurant, entertainment, office, educational, medical, and other commercial uses.
Market Station is located at 500 Market Street in Santa Fe’s Railyard District and is positioned among a mix of nearby tenants and destinations, including REI, La Lecheria Railyard, Sky Cinema, Tomasita’s Restaurant, the Santa Fe Farmers Market, and the New Mexico School for the Arts. The Santa Fe Rail Runner station is directly adjacent, creating ongoing exposure to residents and visitors. The property also benefits from more than 400 City-owned underground parking spaces located directly beneath the building.
Business Capital District (BCD) zoning supports a broad range of uses, including retail, restaurant, entertainment, office, educational, medical, and other commercial uses.
Key Highlights
- ±793 rentable SF ground‑floor retail suite (Suite 111) in Santa Fe’s Railyard District
- Available September 1, 2026
- Direct street‑level access with an accessible approach and ramp
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,965
Businesses Nearby
180k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 31%
Groceries 21%
Apparel 10%
Whole Foods Market
Groceries
37,075 visits/mo
0.2 miles
McDonald's
Dining
31,451 visits/mo
0.4 miles
Starbucks
Dining
18,085 visits/mo
0.3 miles
Speedway
Shops & Services
17,723 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
16,429 visits/mo
0.4 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
Questions? Ask Rey
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Similar Off Market Nearby
- Oldies Flower Co. — 1424 Paseo De Peralta, Santa Fe, NM 87501
- Barton's Bloom Boutique — 528 N Guadalupe St, Santa Fe, NM 87501
Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor suite 111 offers direct street-level access within Market Station’s retail and entertainment center.
Where is this storefront property located?
The property is located at 500 Market Street Santa Fe, NM.
What is the lease rate?
The lease rate is $1,983/Mo.
What are key features of this property?
This property features: ±793 rentable SF ground‑floor retail suite (Suite 111) in Santa Fe’s Railyard District; Available September 1, 2026; Direct street‑level access with an accessible approach and ramp
