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200 W San Francisco St
Santa Fe, NM 87501

Investment Property - Historic Plaza District · Retail Property For Sale

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Investment Highlights

Fee-simple ownership. 100% leased; upside potential with conversion of short-term, modified gross leases
Below replacement costs
Street-level retail space. Heavy foot traffice

Hard corner location offers street frontage on three major downtown Santa Fe arterials
Surrounded by world renowned galleries. Two blocks from The Historic Santa Fe Plaza
Unique and historic charm. Multiple parking garages within a 1 block radius. 2 blocks from Rail Runner shuttle stop

Executive Summary

Rare Santa Fe Retail Investment Opportunity, two blocks west of The Historic Santa Fe Plaza in the heart of downtown Santa Fe, NM. The property features street-level retail space with a unique historic flare. Tenants benefit from heavy tourist and local foot traffic throughout the area.
Santa Fe is known for its fine art community, set against the backdrop of Santa Fe's southwestern charm. This reputation draws in over 1.1M visitors to the area each year. The Historic Santa Fe Plaza is a must see tourist attraction that features galleries, shops and dining.
Addresses include: 108-124A Galisteo & 200 W San Francisco St, Santa Fe, NM 87501

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

9,267 SF

Building Class

Year Built

1928

Price

£2,943,048

Price Per SF

£318

Net Initial Yield

5.35%

NOI

£157,565

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.71

Lot Size

0.30 AC

PROPERTY TAXES

Parcel Number	012198016	Improvements Assessment	£1,188,954
Land Assessment	£418,533	Total Assessment	£1,607,487

PROPERTY TAXES

Parcel Number

012198016

Land Assessment

£418,533

Improvements Assessment

£1,188,954

Total Assessment

£1,607,487

Listing ID: 24699396
Date on Market: 20/12/2021
Last Updated:
Address: 200 W San Francisco St, Santa Fe, NM 87501

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