466 San Francisco Street, Santa Fe, NM 87501

Property Description

This is a fully leased, one story mixed-use building. The 3,855± square foot building sits on a 0.376± acre parcel at the west end of downtown Santa Fe, within walking distance of the Plaza, the Santa Fe Railyard, and the Guadalupe district. The property is arranged as four separately occupied units: commercial office space fronting West San Francisco Street totaling 2,680sf and two residential units facing Camino del Campo. All four units are occupied. All tenancies are short term or month to month, with below market rents, which gives a purchaser flexibility to continue holding the property as-is, reposition, or occupy. The building was constructed in 1927 with a substantial remodel in 1985. Construction is adobe, block, and wood frame, single story throughout, with no basement. Zoning is C-1. The parcel lies within the Westside-Guadalupe Historic District and carries a non-contributing classification. Purchasers should confirm applicable review requirements and permitted uses directly with the City of Santa Fe. On site parking is gravel and is not striped or delineated. The parcel is mapped in FEMA Zone X. Offered for sale below appraisal. An owner of the seller entity holds an active New Mexico real estate license.