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121 Sandoval Street

Santa Fe, NM 87501
  • $8,250,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 202400821
UPDATED: 90 min ago
$8,250,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 31,230
    SQFT
  • $264
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1971
County:

School Ratings & Info

Description

First Northern Plaza is a mixed-use commercial building for sale 2 blocks from the Santa Fe Plaza in a highly visible location across the street from the Hilton Hotel and the City of Santa Fe Parking Garage. Three story building with a full basement measuring approximately 32,000 sf on a 0.695 acre lot. With great visibility and proximity to many of downtown Santa Fe's tourist destinations, the property is ripe for redevelopment and reimagined use for hospitality, luxury residential, retail or other income generating possibilities. BCD Zoning allows for many uses including residential, multifamily, retail, office, medical, dental, hotel, restaurant, bar, club, educational, religious, and more. Located in "Downtown & East Side Historic District" the property currently has Non-Contributing Historic status. Redevelopment may trigger a status review. Seller is offering the property for sale in its entirety with 100% of the existing condominium units and leases in place. Tenants include Rocky Mountain Cannabis, Southwestern Association for Indian Art (the Indian Market producers), New Mexico Conservation Voters, attorneys, financial advisors, software and other office users. Sale is subject to provision of an access easement across the east parking lot for access to Seret & Sons and non-compete restrictions for sale of certain arts and dry goods. Adjacent properties are also available for sale, inquire with broker.

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Santa Fe Association of Realtors logo © 2024 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than EXIT Realty Advantage NM are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-05-22T23:51:45.983.
www.exitadvantagenm.com/homes/148493705
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121 Sandoval Street Santa Fe, NM 87501

  • Price: $8,250,000
  • Status: Active
  • On Site: 71 Days
  • Updated: 90 min ago
  • MLS #: 202400821
0
Beds
0
Baths
0
½ Baths
0.7
Acres
31,230
SQFT
$264
$/SQFT
1971
Built
Neighborhood:
1-Sf City Limits Ne
County:
Santa Fe
Area:
1-Sf City Limits Ne
Property Description
First Northern Plaza is a mixed-use commercial building for sale 2 blocks from the Santa Fe Plaza in a highly visible location across the street from the Hilton Hotel and the City of Santa Fe Parking Garage. Three story building with a full basement measuring approximately 32,000 sf on a 0.695 acre lot. With great visibility and proximity to many of downtown Santa Fe's tourist destinations, the property is ripe for redevelopment and reimagined use for hospitality, luxury residential, retail or other income generating possibilities. BCD Zoning allows for many uses including residential, multifamily, retail, office, medical, dental, hotel, restaurant, bar, club, educational, religious, and more. Located in "Downtown & East Side Historic District" the property currently has Non-Contributing Historic status. Redevelopment may trigger a status review. Seller is offering the property for sale in its entirety with 100% of the existing condominium units and leases in place. Tenants include Rocky Mountain Cannabis, Southwestern Association for Indian Art (the Indian Market producers), New Mexico Conservation Voters, attorneys, financial advisors, software and other office users. Sale is subject to provision of an access easement across the east parking lot for access to Seret & Sons and non-compete restrictions for sale of certain arts and dry goods. Adjacent properties are also available for sale, inquire with broker.
Exterior Features

Garage YN No Parking Total 43 Roof Flat

Interior Features

Basement YN No Fireplace YN No Foundation Details Basement

Property Features

Business Type Commercial Live Work Mixed Professional Office Retail Showroom Land Lease YN No Lease Considered YN No Listing Terms Cash Conventional New Loan Possible Use Commercial Gallery Live Work Mixed Use Office Retail Property Sub Type Retail Property Sub Type Additional Mixed Use Sale Or Lease Indicator For Sale Sewer Public Sewer Water Source Public Zoning BCD Zoning Description BCD Zoning allows for officeretailresidentialhospitality and more.

Santa Fe Association of Realtors logo Listing provided courtesy of Tai Bixby of Real Estate Advisors, LLC: (505) 539-3200. © 2024 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2024 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than EXIT Realty Advantage NM are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-05-22T23:51:45.983.
 
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