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Mixed-Use Property with Gallery
For Sale
$2,875,000

634 Canyon, Santa Fe, NM 87501

CommercialSale, Santa Fe, NM

Property Size4,755 SF
Lot Size0.56 Acres
Price / SF$604.63
Days on Market541

Property Features for 634 Canyon

General Information

Property type Commercial Sale
Property subtype Other
Zoning RAC
Directions From Paseo de Peralta to Canyon Rd. to property
Standard status Active
APN 012013184
Size 4,755 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Description T17N R10E S30, BLK 8, LOT 20, NW4
Legal Description T17N R10E S30, BLK 8, LOT 20, NW4

Utilities

Water source Well, Private

Amenities

gardens
fruit trees
outdoor sitting areas
private well
off-street parking

Building Details

Year built 1900
Listing Agency: Varela Real Estate, Inc.
Listed By: Phillip Varela · License #18075
Added: Apr 4, 2025 Changed: Sep 13 Last Checked: Sep 26 at 6:06PM
MLS# 202501383

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.

Built in 1900, this 4,755-square-foot mixed-use property includes three units arranged across a front gallery building and two rear spaces. The rear units have served as residences and artist studios, with live/work zoning identified for those areas. Southwestern details include kiva fireplaces, wood-beam vigas, hand-finished wood, polished pavers, and painted tilework.

The property occupies 0.56 acres along Canyon Road in Santa Fe, surrounded by more than 80 galleries, studios, and boutiques. Grounds include gardens, fruit trees, outdoor seating areas, a graveled private drive, and off-street parking. Water sources include a private well and Acequia Madre irrigation.

Key Highlights

  • 4,755‑square‑foot mixed‑use property with 3 units
  • Front building has operated as an art gallery facing Canyon Road
  • Two rear units designated as live/work spaces

Property Analytics

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Current Use

Convergence Gallery Art Gallery Paper Rain Studio Artist Estrada Fine Art Home Decor Store

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Grocery & Convenience 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

3
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,301
Businesses Nearby

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
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-unit offering combines gallery, live/work, and artist-studio configurations.
Where is this mixed-use property located?
The property is located at 634 Canyon Santa Fe, NM.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: 4,755‑square‑foot mixed‑use property with 3 units; Front building has operated as an art gallery facing Canyon Road; Two rear units designated as live/work spaces
More about this property
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