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203 W Water Street

$1,425,000

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...

Key Features

  • MLS: 202339076
  • List Date: 07-13-2023
  • Status: Active
  • Area: 1-SF City Limits NE
  • Type: Retail
  • Acres: 0.08

Presenting Broker

SIR

Sotheby's International Realty ®

(800) 409-7325

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!

Additional Features

  • Type: Retail
  • Days On Market: 376
  • Parking Features:Garage, Off Site, On Street
  • Utilities:Electricity Available
  • Flooring:Carpet, Tile, Wood
  • Construction Materials:Adobe, Frame
  • Roof:Flat
  • Water Source:Public
  • Sewage:Public Sewer

About the Neighborhood

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Schools

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.