1223 St Francis Dr Santa Fe, NM 87505
This 1,370 square foot Class B office condo is ideally situated in Santa Fe, New Mexico, offering convenient access to downtown and I-25. Built in 1991, this two-story building features a flexible layout suitable for various office uses, including executive, medical, or traditional office settings. The space includes five private offices with windows (three upstairs, two downstairs), a reception/waiting area, two restrooms, a kitchenette, and ample storage. The property boasts a private entrance from the back parking lot on Colombia Street, minimizing street traffic disruption. Low quarterly condo dues contribute to the property's attractive financial profile. Zoned C-1, this vacant property presents a compelling opportunity for owner-occupants or investors seeking a well-maintained and conveniently located office space in a thriving New Mexico market. The asking price is $225,000, translating to $164.23 per square foot. The property is located at 1223 S St Francis Dr, Santa Fe, NM 87505.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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