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.
Features
: 43
$0
: Flat
: Public Sewer
Address Map
NM
Santa Fe
Santa Fe
87501
121 Sandoval Street
0
W106° 3' 29''
N35° 41' 12.7''
Additional Information
Real Estate Advisors, LLC
Tai Bixby
First Northern Plaza
$0
31,230 Sqft
: Commercial, Professional/office, Retail, Mixed, Showroom, Livework
3
3
1-sf City Limits Ne
On the corner of Sandoval and Water Street
$0
Cash,Conventional,NewLoan
$0
10737311
$0
BCD
0
%

Commercial Sale

121 Sandoval Street, Santa Fe, New Mexico 87501

30,274.20 Sqft
Visits : 138 in 47 days
$8,250,000
Listing ID #202400821
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 202400821
Price : $8,250,000
Year Built : 1971
Acres : 0.70 Acre
Lot Area : 30,274.20 Sqft
Status : Active
Property Sub Type : Retail
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