1918 Hopewell St Ste A Santa Fe, NM 87505-3857
This exceptional 2-unit, mixed-use condo in Santa Fe, New Mexico, presents a unique investment opportunity. Located at 1918 Hopewell St, within the Granaries Compound, this 2,409 square foot property boasts C-2 zoning, offering versatile usage potential. Built in 2000, the two-story building features two distinct units. The lower level offers a spacious, adaptable area perfect for live/work scenarios, complete with a full bathroom, kitchen, and access to a patio. The upper level, accessed separately, includes a full kitchen with full-size appliances, a full bathroom, a mechanical room, and a closet. A striking circular staircase leads to an oversized third-floor loft, bathed in natural light thanks to an open staircase design. The property sits on a 0.03-acre lot and is currently vacant. Conveniently located near Cerrillos Road and St. Michael's Drive, it provides easy access to dining, shopping, and entertainment. Owner financing may be available. This property is a rare find in the heart of Santa Fe, offering a blend of residential and commercial space with significant upside. The property's layout and zoning make it ideal for a variety of uses, from artist studios to small businesses. The spacious layout and abundant natural light create a welcoming and functional environment.
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horrible music Vocational School Training Center
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Hope Springs Wellness Center Counselor Marriage Or Relationship Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.