1911 Saint Michaels Dr #A-G, Santa Fe, NM 87507
1911 Saint Michaels Dr #A-G, Santa Fe, NM 87507
1911 Saint Michaels Dr #A-G, Santa Fe, NM 87507
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$1,950,000
Est. payment /mo
0.73 Acres Lot
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202604736

HOA Y/N No

Year Built 1995

Lot Size 0.730 Acres

Acres 0.73

Property Sub-Type Investment

Property Description

This value-add investment opportunity features a 10,772 SF neighborhood retail center offering excellent visibility and convenient access along Santa Fe's high-traffic St. Michael's Drive corridor. The center features a diverse mix of established neighborhood tenants, including health and fitness businesses, a ceramics studio, and Subway as its anchor tenant. The property is 100% occupied and comprises seven individual retail suites averaging approximately 1,500 SF each. A notable feature is the property's 40 dedicated parking spaces, providing a favorable parking ratio compared to many neighborhood shopping centers. The property is being offered for sale in its entirety but has been fully condominiumized, providing flexibility for a new owner. An attractive opportunity for investors seeking a stabilized retail center for a long-term investment.

Location

State NM

County Santa Fe

Zoning C-2

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Water Access Desc Public

Private Pool No

Building

Water Public

Others

Tax ID 19102701

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard


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Santa Fe MLS (SFARMLS)
Listed by Neda Talebreza • Sotheby's Int. RE - Railyard

NEARBY SCHOOL & BUSINESS

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Maya Hiersoux

Maya Hiersoux

+1(505) 479-0194

Broker Associate License ID: 54287

Broker Associate License ID: 54287

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