203 W Water Street, Santa Fe, NM

$1,495,000

2,988

Square feet

0.08

Acres

About 203 W Water Street

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!

Features of 203 W Water Street

MLS® # 202339076
Price $1,495,000
Bathrooms 0.00
Total Square Footage 2,988
Acres 0.08
Year Built 1950
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 203 W Water Street
Area 1-SF City Limits NE
City Santa Fe
County Santa Fe
State NM
Zip Code 87501

Amenities

Utilities Electricity Available
Parking Features Garage, Off Site, On Street
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Tile, Wood
Fireplace No
Has Basement No

Exterior

Exterior Adobe, Frame
Roof Flat
Construction Adobe, Frame

Additional Information

Date Listed July 13th, 2023
Active Days on Market 288
Zoning BCD,Historic
Short Sale No
RE / Bank Owned No

Listing Details

Associate BrokerStephen J. Hardy
OfficeHardy & Company

Listing Map

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