Active

203 W Water Street

Santa Fe NM, 87501

$1,425,000


$476.91 per sqft

Active

2,988 sqft

Commercial

Built in 1950

This is a very rare opportunity for an owner/operator or investor to purchase a historic commercial property in the heart of downtown Santa Fe just off the Plaza. Santa Fe continues to be one of the top destinations in the country and was just named the number two Best City to visit in the US by Travel and Leasure. The building is surrounded by some of the best galleries, shops, and restaurants in town. The zoning is BCD which is highly sought after due to the flexibility it affords - nearly any business is allowed along with residential or live/work. There is beautiful hardwood flooring, exposed beams, plaster walls, 3 changing rooms, a sizable storage room, a small office, a kitchenette, and a bathroom. Possible uses include gallery space, retail, and office space. The entire West wall of the building is not adjacent to another structure and has open space - very rare for downtown. The space is highly visible as it is on one of the highest-trafficked walking corridors in Santa Fe. A large public parking garage is located just a few doors away. The building is priced under market value at ~$500/sq. ft. Schedule a showing today and Don't miss this great opportunity to own a part of downtown Santa Fe!

202339076

MLS ID

July 13, 2023

Listed

November 22, 2024

Updated

Map

203 W Water Street
Santa Fe NM, 87501

Interior Features

Floor Description

Carpet, Tile, Wood


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.08 Acres


Roof

Flat


Sewer

Public Sewer

Other Property Details

Days on Market

376


Garage

No


Parking

Garage, Off Site, On Street


Parking Total

0


View

No


County

Santa Fe


Water Source

Public


Pool

No


Zoning

BCD,Historic

Listing History

Date

Event

Price

7/24/2024

Price change

$1,425,000

-5%

Listed by Stephen J. Hardy with Hardy & Company
Listing Contact: (505) 992-3253 

The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Santa Fe Association of REALTORS® all rights reserved.

Data last updated on 11/22/2024 at 7:36 PM UTC

 

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