Pending

Active Under Contract

1645 Galisteo Street

Santa Fe NM, 87505

$2,200,000


$342.09 per sqft

Pending

Active Under Contract

6,431 sqft

Commercial

Built in 2002

This is a great investment property for someone looking for a high return on their investment with tremendous appreciation in a fast growing medical practice neighborhood. The building is rented to a national franchise on a triple net lease at current market rents with built in escalation for the next 12 years. The building has been completely renovated to accommodate the needs of the tenant who happens to be one of the most successful optometry - specialty medical practices in town.

202340887

MLS ID

September 13, 2023

Listed

November 20, 2024

Updated

Map

1645 Galisteo Street
Santa Fe NM, 87505

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.5 Acres


Sewer

Public Sewer

Other Property Details

Days on Market

431


Garage

No


Parking

Parking Lot


View

No


County

Santa Fe


Water Source

Public


Pool

No


Zoning

H-Z

Listing History

Date

Event

Price

11/12/2024

Pending

11/12/2023

Price change

$2,200,000

340%

9/14/2023

Price change

$500,000

-78%

Listed by Paul Duran with Keller Williams
Listing Contact: (505) 310-5566 

The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 11/20/2024. 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 11/20/2024 at 1:40 PM UTC

 

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