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    343 Alameda St Santa Fe, NM 87501

    For Sale
    $1,128,600

    Prime Downtown Santa Fe Office Space

    Property size:
    1,672 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,672 square foot free-standing office building is ideally located in the heart of Santa Fe, New Mexico, along the Santa Fe River. Priced at $1,128,600 ($675 per square foot), this single-story Class C building sits on a 0.096-acre lot (4,208 square feet) and offers prominent signage and excellent visibility on East Alameda Street. The Capitol District (BCD) zoning allows for diverse uses, including hospitality, short-term rentals, general office space, or even residential conversion. The property features an attractive reception/waiting area, private offices, a conference room, a separate kitchen/break room, and on-site parking for up to five vehicles, supplemented by ample street parking. This is an excellent opportunity for an owner-user seeking a well-situated and versatile property in a vibrant downtown location. The building's convenient location and flexible zoning make it a highly desirable investment.

    Property Features for 343 Alameda St

    General Information

    Property type
    Office space
    Square Feet
    1,672 SF
    Class
    C
    Lot Size
    4,182 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Free‑standing office building, 1,672 sq ft, located in downtown Santa Fe near the Santa Fe River.
    • Ideal for owner‑users.
    • Prominent signage and excellent visibility on East Alameda Street.
    • BCD zoning allows for diverse uses including hospitality, short‑term rentals, office, or residential conversion.
    • Features reception area, private offices, conference room, kitchen/break room, and on‑site parking for five vehicles plus ample street parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drug Policy Alliance ... Non-Profit Organization

    Suggested Use

    Restaurant Dental Office Realty agency Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.93217566521
    Latitude
    35.684552274042

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    FAQs

    What type of property is this?
    Office space - Prime Downtown Santa Fe Office Space
    Where is this office space located?
    The property is located at 343 Alameda St Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $1,128,600.
    What are key features of this property?
    This property features: Free-standing office building, 1,672 sq ft, located in downtown Santa Fe near the Santa Fe River.; Ideal for owner-users.; Prominent signage and excellent visibility on East Alameda Street.
    Request Owner's contact information
    343 Alameda St Santa Fe, NM 87501
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    Santa Fe, NM 87501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    343 Alameda St Santa Fe, NM 87501
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