Live - Work Space

Cerrillos, NM Live-work Space for Sale

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Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Stanley, NM Pena Blanca, NM Placitas, NM Sandia Park, NM
Live-Work Bungalow with Studio
Updated: Jun 26
Live-Work Bungalow with Studio

2863 NM 14 Highway, Madrid, NM 87010

$875,000
1,800 sqft 0.16 AC lot
1931 brick bungalow with mixed residential/commercial use (mixed use zoning allows residential or commercial use)
Separate front gallery space with 14‑ft ceilings plus apartment behind; both have original hardwood floors and updated finishes
Upgrades include new windows and doors, plus remodeled tile and plaster with beamed ceilings and wood/stone flooring
Each space includes mini‑split heat/AC system; heating is heat pump and propane, and cooling is heat pump
Private paved driveway with parking for 3 cars plus 2 additional roadway spots; full basement for storage
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Cerrillos Road Lofts Condo
Updated: Apr 7
Cerrillos Road Lofts Condo

3600, Cerrillos, NM

$240,000
1,350 sqft 0.03 AC lot
Rare commercial condo in the desirable Cerrillos Road Lofts live/work community.
Currently configured as professional office space with three tenant‑occupied offices.
Located at the back of a private compound, providing privacy and ample parking.
Shared access to a common lobby, ADA‑accessible kitchen, and ADA‑accessible bathroom.
Unit C offers the flexibility of a separate, private entrance.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Cerrillos, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Live-Work Quadplex with Private Patio
Live-Work Quadplex with Private Patio

3600 Cerrillos Road, Santa Fe, NM 87507

$395,000
1,395 sqft

Ground-floor corner live-work configuration with private outdoor patio access and garden space, currently with multiple units in place.

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Santa Fe Live/Work Investment Opportunity
Santa Fe Live/Work Investment Opportunity

3600 Cerrillos Road, Santa Fe, NM 87507

$261,000
1,332 sqft

Ground floor unit with tenants, ideal for live/work or investment.

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Versatile Commercial Live-Work Property
Versatile Commercial Live-Work Property

41 Bisbee #B4, Santa Fe, NM 87507

$500,000
2,771 sqft 0.07 AC lot

Commercial property with office, workspace, loading dock, and live-work potential.

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Santa Fe Live-Work Flex Space
Santa Fe Live-Work Flex Space

96A Metro Blvd, Santa Fe, NM 87508

$375,000
2,609 sqft 0.06 AC lot

Versatile live-work flex space on industrial-zoned land with expansion potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ready-to-Build Lot in Madrid, NM
Ready-to-Build Lot in Madrid, NM

34 Ice House Road, Madrid, NM 87010

$105,000
0.75 AC lot

0.75-acre lot with well, power, flat, and commercial/residential zoning.

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Albuquerque Land For Sale
Albuquerque Land For Sale

500 Mountain Road NE, Albuquerque, NM 87102

$289,900
0.56 AC lot

Corner lot near downtown Albuquerque with high visibility.

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Albuquerque Land with Flexible Zoning
Albuquerque Land with Flexible Zoning

Santo Domingo Street NW, Albuquerque, NM 87120

$249,500
0.98 AC lot

Land with MX-T zoning, suitable for various residential/commercial uses.

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Land with Mountain Views
Land with Mountain Views

Adams Road, Ranchos De Taos, NM 87557

$86,050
2.55 AC lot

2.55 acre lot near Taos with mountain views.

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Cerrillos, NM Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Cerrillos, NM on our real estate platform. These investment opportunities span a total of 3,150 square feet of properties for sale, with an estimated market value of $1,115,000.

Sale prices for live-work properties in Cerrillos, NM start at $240,000, averaging $557,500, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 1

Demographics Overview

Population 1,147
Population Growth (5Y) +13.6%
Median Household Income $45,490
College Educated 84.5%

Taxes & Financing

Tax Rate (average for all types) 2.83%
Property Tax per SF $12.14 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Fe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Santa Fe County

Office

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