Presenting the La Luz Building at 2325 Cerrillos Road, a substantial 24,000-square-foot commercial multifamily asset offering a uniquely secure investment profile in the Santa Fe market. This impressive three-story property features a dual-use configuration, anchored by 24 residential apartments encompassing 32 total rooms on the upper levels. The residential component operates exclusively under specific use restrictions as a 100% low-income housing community, which is directly supported by an active HUD grant currently in place. This grant structure provides an investor with highly stable, government-backed revenue, significantly mitigating vacancy risks and ensuring a reliable, consistent cash flow. Adding immediate upside to this steady foundation, the ground floor is dedicated to commercial office spaces that are ready to be leased to professional tenants. These commercial suites offer excellent footprint and accessibility, creating a robust secondary income stream entirely separate from the residential rent roll above. The building’s substantial structure is purposefully designed to accommodate this mixed-use demand, maintaining clear separation between the ground-floor business operations and the private residential housing. By combining the guaranteed income stability of a HUD-supported housing program with the value-add leasing potential of ground-level commercial offices, this asset delivers a highly specialized and lucrative financial model. This is a rare opportunity to acquire a high-capacity, dual-revenue property with built-in financial safeguards.
Offered at $1,599,000, this is a rare opportunity to acquire both the real property and the operating business behind a proven, income-producing mixed-use commercial + residential arts-hospitality concept in the Eldorado area of Santa Fe. Extensively renovated and thoughtfully configured, the 4,815± SF building sits on 2.32± acres with direct access and excellent visibility along U.S. Highway 285. The property is currently operated as a gallery-centered artist residency campus, featuring a front-of-house gallery/event space, five contemporary residential apartments, and five private art studios. The business model is designed around 1–2 week stays for visiting artists, combining lodging and dedicated studio space—an offering that aligns perfectly with Santa Fe’s year-round creative economy and destination travel demand. Important Note: The Jenn Tough Gallery name, entity, branding, and any associated websites or online assets are not included in the sale. The buyer will be acquiring the underlying real property and the operating model/infrastructure, but will operate under a new business name and branding. Flexible Future Upside (Multiple Paths): Continue the seller’s successful residency model—gallery + lodging + studios—with revenue potential beyond art sales, or reimagine the asset into other high-demand uses. With the right zoning, permitting, and/or variances, the property may lend itself to a boutique BnB, expanded hospitality retreat, or longer-term apartment configuration. The mixed-use layout also supports workshops, events, and curated experiences.
Jacob Rocker and Tom Jenkins with Real Estate Advisors are pleased to present the sale of St. Michael’s Medical Park. The asset is positioned at the entrance to the Christus St. Vincent healthcare campus — a physically unified complex comprising northern New Mexico’s premier regional hospital and newly built 80,000 SF cancer diagnostic and treatment center. Together they form the largest concentration of healthcare infrastructure in the region, serving a catchment area of 200,000+ residents across four counties. The property is 100% occupied by nine tenants with an NOI of $576,000. Rents are 8% below market creating a clear mark-to-market opportunity as demand continues to grow from the adjacent healthcare hub. At $450–$550/SF to build equivalent medical office in Santa Fe, this asset trades at a significant discount to replacement cost. No competing supply can be built; zoning constraints, historic preservation requirements, and construction economics that require $38–$40/RSF rents to pencil — well above the current $25.00 market — make new development infeasible. Investors are invited to submit offers based on their independent underwriting. This is an irreplaceable asset, at a below-replacement-cost basis, in front of a $100M demand catalyst, in a market with permanent supply constraints.
308 Read St has 1,017 sq ft, 310 Read St has 572 sq ft, and 312 Read St has 873 sq ft. 10 parking spaces plus 2 ADA. Tenants are on month to month leases. Units on separate meters.
Industrial warehouse condo conveniently located just off I-25, offering excellent access for distribution, storage, light manufacturing, or service-related businesses. The space features an in-suite office, private restroom, and a functional mezzanine that can be utilized for additional office space or storage. The warehouse includes one 12-foot bay door and one 12-foot loading dock door. Skylights throughout provide abundant natural light, with an open floor plan and expansive ceiling heights. The property is currently tenant-occupied through December 2026. Condo dues are $870 per quarter.
Rare contemporary cargotecture in the heart of the Santa Fe Railyard – Baca District. 1226 Flagman Way is a 5,182± SF two-story commercial building of steel intermodal container architecture, originally built in 2010 and comprehensively expanded and renovated between 2022 and 2025. Features include an interior elevator, three separate electric meters allowing flexible configuration as one, two, or three independent units, a self-contained studio apartment with dedicated HVAC for a true live-work program, three full restrooms plus a ¾ bath, two cisterns, updated fire and security systems, and a 15,417± SF parcel. Walking distance to SITE Santa Fe, the Santa Fe Farmers Market, Violet Crown Cinema, Second Street Brewery, El Museo Cultural, and the New Mexico Rail Runner station. Zoned BCD-RED within the Railyard Master Plan Baca subdistrict. The offering consists of the leasehold interest in the underlying parcel together with ownership of all improvements. Ground lease commenced February 2008 with an initial 50-year term plus four 10-year extension options providing a potential lease horizon through 2098. Current ground rent and CAM payable to the Railyard is $3,538/month. Amigos, um outro assunto. Sabem se já tem previsão de quando se terá acesso novamente à conta bancária da Região ? Pergunto porque tem um invoice do Dr. Furner para ser pago relacionado a custos pela vinda dele para Portugal na semana do seminário, e a DAV UK está evitando pagar diretamente para nao ter que pagar o VAT de 20%.
Courtesy: Schear Realty
505-577-1401
Outstanding Opportunity with 2.78 acres in the City, Zoned C-2 General Commercial Offered for the First Time. Established in 1960 the Kennels Provided as a Reputable Boarding Kennels Facility & a magnitude of additional services. Features Reception area w/ Lobby, 48 State of the Art Pet Boarding Kennels w/Radiant Floor Heating Indoor/Outdoor Dog Runs, 12-Indoor/Outdoor Cat Condos, Generous Grooming & Bathing Station, Kitchen, 1 Bedroom, 2 Bathrooms, Dual Washer/Dryer, Multiple Water Spickets, Security Gates, Ample Parking & Storage Shed. Unbeatable Possibilities with New Kennels, Veterinary Clinic, Pet Supply, Restaurant, Dance Studio, Gift Shop, Galleries, Grocery Store, Dry Cleaners, Furniture Store & an Array of much more. Minutes to I-25, HWY-14, 599, Rail-Runner Station & Airport.
Outstanding Opportunity with 2.78 acres in the City, Zoned C-2 General Commercial Offered for the First Time. Established in 1960 the Kennels Provided as a Reputable Boarding Kennels Facility & magnitude of additional services. Features Reception area w/Lobby, 48 State of the Art Pet Boarding Kennels w/Radiant Floor Heating Indoor/Outdoor Dog Runs, 12 Indoor/Outdoor Cat Condos, Generous Grooming & Bathing Station, Kitchen, 1 Bedroom, 2 Bathrooms, Dual Washer/Dryer, Multiple Water Spickets throughout the Grounds, Security Gates, Ample Parking & Storage. Unbeatable Possibilities with New Kennels, Veterinary Clinic, Pet Supply, Restaurant, Dance Studio, Gift Shop, Galleries, Grocery Store, Book & Florist Shop, Barber & Beauty Salon, Pre-School, Daycare, Police-Fire Station, Museums, & an Array of much more. Minutes to I-25, HWY-14, 599, Rail-Runner Station, & Airport.
Outstanding Opportunity with 2.78 acres in the City, Zoned C-2 General Commercial Offered for the First Time. Established in 1960 the Kennels Provided as a Reputable Boarding Kennels Facility & a magnitude of additional services. Features Reception area w/Lobby, 48 State Of the Art Pet Boarding Kennels w/Radiant Floor Heating Indoor/Outdoor Dog Runs, 12 Indoor/Outdoor Cat Condos, Generous Grooming & Bathing Station, Kitchen, 1 Bedroom, 2 Bathrooms, Dual Washer/Dryer, Multiple Water Spickets throughout the Grounds, Security Gates, Ample Parking & Storage Shed. Unbeatable Possibilities with New Kennels, Veterinary Clinic, Pet Supply, Restaurant, Dance Studio, Gift Shop, Galleries, Grocery Store, Book & Florist Shop, Dry Cleaners, Furniture Store, Laundromats, Sign Shop, Barber & Beauty Salon, Pre School, Daycare, Police-Fire Station, Museums & an Array of much more. Minutes to I-25, HWY-14, 599, Rail-Runner Station & Airport.
Courtesy: Keller Williams Realty
505-907-6387
Corner unit filled with natural light and full street visibility. This architecturally striking commercial space, zoned I-2, offers flexible potential--think showroom, gallery, fitness studio, cafe, or wine bar (subject to zoning). The interior features soaring ceilings with exposed steel, expansive storefront windows, a glass roll-up door, and hard-troweled concrete floors. Two large bathrooms and a reliable heating and cooling system ensure comfort and functionality. Ideal for artists or makers who need space for large-scale installations, it's located on a prominent corner near Second Street Brewery and Meow Wolf--where creativity, visibility, and opportunity meet. If the space feels larger than you need, consider subletting a portion to generate income and offset your mortgage!
A rare opportunity along one of Santa Fe’s busiest commercial corridors with over 45,000 cars passing per day. 1710 Cerrillos Rd offers a fully built-out restaurant space with exceptional visibility, strong traffic counts, and immediate proximity to Midtown, St. Michael’s, and St. Francis. The space includes a beautiful SW style fully functional restaurant Space with Full Hood, 3 compartment sinks, walk in refrigerator, multiple dining areas with fireplaces and bar, full kitchen, 2 ADA Bathrooms INCREDIBLE OPPORTUNITY! Property Highlights Turnkey restaurant space with existing kitchen infrastructure High-visibility Cerrillos Rd frontage with strong signage potential Ample on-site parking for customers and staff Flexible layout suitable for dine-in, takeout, or hybrid service models Large dining area with adaptable seating configurations Back-of-house prep, storage, and service areas already in place Easy access to major thoroughfares and established commercial activity Location Advantages Positioned in the heart of Santa Fe’s commercial corridor, this property benefits from constant daily traffic, nearby residential density, and a strong mix of complementary businesses. Cerrillos Rd remains one of the most reliable and high-performing locations for food-service operators. Availability For Sale or Lease Competitive pricing and flexible terms Ideal for restaurateurs, Full dine in, café operators, or investors seeking a high-exposure commercial asset
Rare live/work opportunity in Aldea de Santa Fe offering flexibility, character, and beautiful mountain views. This thoughtfully designed property blends comfortable residential living with a fully built-out lower-level studio, creative workspace, or potential commercial area. The ground floor features approx. 1,344 square feet and is currently configured with a commercial kitchen setup, including a vent hood, three-compartment sink, grease trap, floor drain, handwashing sink, customer and employee restrooms, and a charming private patio with mature landscaping and brickwork, ideal for entertaining, creative use, or a variety of live/work possibilities. Upstairs, the living quarters offer a warm and functional layout with a living room, kitchenette with stackable washer and dryer, full bathroom, guest bedroom, and a spacious primary suite complete with an en suite bath and walk-in closet. Both bedrooms enjoy access to a private balcony with stunning mountain views. Additional amenities include a generous two-car garage and extra parking at the rear of the property. Located within the desirable Aldea community, this property presents a unique opportunity for those seeking a flexible lifestyle with room to live, work, create, or entertain in one inspiring setting. Association dues are approximately $500 per quarter. Existing restaurant equipment is negotiable.
Rare live/work opportunity in Aldea de Santa Fe. The unit has been converted into a restaurant with approx. 1,344/SF of ground-floor space, featuring a commercial vent hood, 3-compartment sink, grease trap, floor drain, handwashing sink, customer restroom, employee restroom, and a private back patio with mature landscaping and brickwork. The upstairs unit can be used for residential or commercial purposes and is currently built out with a living room, kitchenette with stackable washer and dryer, full bath, guestroom, and a main bedroom with an en suite bath and walk-in closet. The second and main bedrooms offers outdoor balcony access with superb mountain views. The property also includes a spacious two-car garage and additional commercial parking at the rear. This is an excellent opportunity for another restaurant, office, gallery, florist, retail store, or other neighborhood use. Association dues are approximately $500 per quarter. Restaurant equipment is negotiable.
Real Estate Advisors, Jacob Rocker and Tai Bixby are pleased to present 1048 Paseo de Peralta, a Class A office building located in the heart of Santa Fe, directly adjacent to the New Mexico State Capitol (Roundhouse) and surrounded by the city’s most prominent government, cultural, and commercial destinations. The building was completely remodeled and features high-quality Class A finishes throughout, delivering a modern, professional workspace ideally suited for today’s office users. Each floor features a functional office layout with private offices and conference rooms providing a turnkey opportunity for professional service users, including legal, consulting, nonprofit, and administrative organizations.
Fully entitled RV resort and equestrian/event development site located at 100 South Polo Drive in Santa Fe, New Mexico. The offering consists of approximately ±57 acres offered fee simple with approvals in place for a 130-space RV campground to be developed in three phases. Additional 56 acre lease from City also available. The property includes 30 AFY water rights from the Hagerman Well, a North-South access easement, and adjacency to BLM land supporting outdoor recreation uses. Existing equestrian infrastructure and event use provide additional flexibility. Full offering memorandum available, inquire with broker.
Delightful interior space facing light filled in an enclosed windowed courtyard. Currently a contemporary art gallery but could be lots of things from office space to retail or your best idea. Two ADA bathrooms. Large storage room. There are 5 gated parking spaces with property and free parking for customers/clients in front of the property.
5-plex, fully occupied and leased with long term tenants. Quiet location, easily accessible. Mature landscaping with gravel driveway and 5 parking spots. New (2 year old propanal roofs).
This property consists of a restaurant (1891 sf) ground floor and Office/Studio upstairs (434 sf). it also has a residential unit in back ((692 sf) with a storage space (692 sf) underneath. Currently it is the home of the Remix Audio Bar (Coffee House and Ramen). Previously is was the home of Fire and Hops Restaurant and before that it was Tulips Restaurant. Please Google Remix Santa Fe to see all of their offerings Gross income is approximately $58,164/yr with taxes at approximately $6,726/yr and insurance at approximately $3,600/yr.
A rare freestanding commercial building is available for sale on Cerrillos Road, one of Santa Fe's highest-traffic corridors at ±25,000 vehicles per day. The ±2,746 SF building sits on a ±0.156-acre lot with 9 paved on-site parking spaces and outstanding street visibility. Built in 1967 and formerly home to La Unica Dry Cleaners, the property is ready for its next chapter. BCD (Business Capital District) zoning permits a wide range of uses including restaurant, café, retail, office, personal services, medical, educational, and residential — making this an ideal canvas for an owner-user or investor. Location is a standout asset. Immediate neighbors include Whole Foods, popular dining and retail destinations, Sage Hotel and more. The property sits just blocks from the Santa Fe Railyard, the city's premier mixed-use arts and entertainment district. The owner has proactively addressed prior dry cleaning chemical impacts through a Voluntary Remediation Agreement with the New Mexico Environment Department. A Certificate of Compliance is anticipated in Summer???????????????????????????????? 2026.
Sweet little Suite! Large .Office, Open Office and Separate Reception with Galley. Tons of operable windows. Outstanding location caddy corner from Christus St. Vincent's
Industrial investment opportunity in the center of Santa Fe. This property features three 12-ft roll-up doors and one 10-ft roll-up door, all installed within the last few years. There is a small reception/office area in the front, along with a breakroom and restroom. The property includes an 18' x 15' upstairs mezzanine storage space. The warehouse has water and gas-hanging heaters. Plumbing, electrical, asphalt, and exterior paint have all been updated in recent years. The entire 0.20-acre lot is fenced with privacy slats and includes two locking gates. The property is currently leased to a tenant on a three-year term with annual increases. Financials are available upon request through the Seller’s Broker. Do not disturb tenant. Showings by appointment only.
Offered $250,000 below appraised value (2/2026) and available to the public for the first time, this exceptional downtown Santa Fe property presents a rare opportunity for investors & owner-users seeking a premier asset in one of the city’s most desirable commercial corridors. Formerly operated as a successful law practice, the property offers a blend of historic charm, functionality, & flexibility with zoning that accommodates a variety of commercial or mixed-use possibilities. Encompassing more than 2,000 sqft of heated and usable space, the property includes approximately 1,750 sqft of main-level office space, a 225 sqft detached studio with separate entrance, plus appr. 250 sqft of finished basement space. The flexible floor plan features 5 private offices/flex rooms, 2 bathrooms, beautiful wood flooring, & multiple inviting courtyard spaces ideal for client reception areas, employee retreats, or outdoor meetings. Some ADA modifications have also been made. The detached studio, complemented by a dedicated bathroom & cozy fireplace, creates versatility for a second storefront, executive office, creative studio, rental income opportunity, or even a pied-à-terre in the heart of Santa Fe. Dedicated off-street parking plus an official on-street permit—an increasingly rare amenity downtown—accommodates 5 to 6 vehicles, adding tremendous value and convenience for clients. Ideally positioned just moments from the Plaza, this highly walkable location places you steps from world-class dining, galleries, luxury hotels, creating outstanding visibility and accessibility for attorneys, architects, therapists, designers, galleries, & other professional or creative ventures. Rarely does a downtown Santa Fe property offer this combination of location, flexibility, parking, charm, and long-term potential. Whether you envision a thriving business headquarters, income-producing investment, or inspiring live/work retreat, the possibilities here are truly endless.
Excellent opportunity to purchase flexible office space in St. Francis Professional Center. Well located in the complex with great visibility, the space had been configured as two separate suites, which provided excellent flexibility. There are a total of 7 private offices, 2 bathrooms, 1 kitchenette, 2 large storage rooms, and 2 waiting areas. Great layout for wellness practitioners or professional offices (legal, accounting, etc). The section that was used as the larger suite has offices on two floors, a kitchenette, bathroom, waiting area and a very large multi-use space for storage, open concept workspace etc.
±9,592 SF professional office and research facility located on ±0.90 acres along Siringo Road just east of St. Francis Drive with 54 parking spaces. This well-located property offers an excellent opportunity for an owner-user, research facility, medical office, or professional services firm seeking a central Santa Fe location with strong accessibility and abundant parking. The two-story building was constructed in 1996 and includes a versatile floor plan with private offices, conference rooms, reception areas, laboratories, and collaborative workspace. The property also includes elevator access, a rooftop patio, and ample parking for employees and visitors. Property offered for sale below appraisal, for sale “as-is” by prior lender who took the property back by foreclosure. C-1 zoning allows office, professional, medical, dental, research, educational, religious and more. Tenant in place month to month.
Rare opportunity to acquire the fee simple interest (land and building ownership) in a Modified Gross–leased investment property located in Los Alamos, New Mexico with 2025 cap rate of 6.8 and 2026 budgeted cap rate of 7%. The tenant, Bilingual Montessori School LAM, LLC, has approximately 7+ years of primary term remaining, along with two (2) ten-year options to extend. The lease features annual 3.5% rental increases throughout the initial term and all option periods, providing consistent NOI growth and a strong hedge against inflation. Tenant is responsible for 100% of operating expenses, with landlord responsibilities limited to roof, structure, foundation, taxes, and insurance, creating a low-management, NNN-like income stream. The asset was completely remodeled in 2023, including roof, HVAC, electrical systems, and full interior and exterior renovations, positioning the property as a modern, turnkey investment. The site is located on NM State Road 502 (Trinity Drive), a primary retail and commuter corridor averaging over 12,700 vehicles per day, serving the daily needs of the Los Alamos community. The property is situated less than one mile from Los Alamos National Laboratory (LANL), one of the nation’s premier national security and scientific research institutions, employing approximately 18,000 professionals. The lease is guaranteed by Triad National Security, LLC, the federally contracted Management and Operating (M&O) contractor for LANL under the U.S. Department of Energy’s National Nuclear Security Administration. Triad is backed by a highly experienced consortium including Battelle Memorial Institute, Texas A&M University System, and the University of California, and oversees multi-billion-dollar national security operations. Independent financial assessments estimate Triad’s annual revenue in excess of $500 million, providing substantial financial strength and enhancing long-term rent security for the asset.
Santa Fe is located in New Mexico. Santa Fe, New Mexico has a population of 86,935. Santa Fe is more family-centric than the surrounding county with 24.25% of the households containing married families with children. The county average for households married with children is 23.22%.
The median household income in Santa Fe, New Mexico is $61,990. The median household income for the surrounding county is $64,423 compared to the national median of $69,021. The median age of people living in Santa Fe is 44 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 15.1 inches per year, with 26.2 inches of snow per year.
