715 St Michaels Dr Santa Fe, NM $ 1,900,000
715 St Michaels Dr
$ 1,900,000
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715 St Michaels Dr

Santa Fe, NM, 87505
$ 1,900,000
Baths0.0 Sq 7,269

Monthly Estimate*

$ 12,628

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Studio

Commercial Property for sale in Santa Fe, NM

for $1,900,000. This 7,269 square foot building was built in 1968 on a lot size of 1.18.

Nestled just off the bustling St. Michaels Drive in the heart of Santa Fe, New Mexico, this commercial property represents an exceptional investment opportunity. Boasting a coveted I-1 zoning designation and subject to the Midtown Overlay, the property offers a versatile canvas for a wide range of commercial ventures. Its prime location within Midtown Santa Fe ensures excellent visibility and accessibility, surrounded by a thriving mix of businesses. Its status within the Midtown Overlay underscores its significance in the area's strategic development plans. As part of the Midtown Opportunity Zone, investors stand to gain from attractive tax incentives, enhancing the property's appeal as a lucrative investment opportunity.

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Commercial Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Industrial

Lot Size

1.18

Year Built

1968

Town/City

Santa Fe

County/Region

Santa Fe

MLS | Web ID

202401640

Features
General
Sewer PublicSewer
Possession ClosingFunding
Roof Metal Pitched
Zoning I-1
Construction Materials MetalSiding
Year Built 1968
Electric Other
Property SubType Industrial
Current Use Other
Business Type Industrial Other
County Santa Fe
Property Type CommercialSale
Possible Use Industrial Other
Garage Y/N No
Status Active
Directions West of the corner of St Michael's Dr and Pacheco St.
City Santa Fe
Zoning Description Located in Midtown LINC overlay as well as Midtown Opportunity Zone.
Lot Size Units Acres
Lot Size Square Feet 51226.56
Street Name St Michaels Dr
Listing Terms Cash Conventional Item1031Exchange
Land Lease Y/N No
MLS Area Minor 4S-SF City Limit SWS
Lease Considered Y/N No
Virtual Tour https://youtu.be/s7ZM792_zL4 https://youtu.be/s7ZM792_zL4
Days on Market 28
Building Area Units SquareFeet
Lease Type None
Standard Status Active
Year Built Source Other
Property Sub Type Additional Industrial
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Exterior
Parking Features Paved ParkingAvailable ParkingLot
Water Source Public
Lot Size Area 1.18
Building Area Total 7269.0
Lot Size Acres 1.18
Lot Size Source Survey
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Interior
Basement (Y/N) No
Fireplace Y/N No
Total Baths 0
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Internal Only
Street Number 1 715
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* Excluded Features
List By
David Barker

Listing Agent

Barker Realty, Llc

Broker

dbarker@santaferealestate.com

Email

Affordability Calculator

$12,628
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,628
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
831258 Elementary School
830993 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$1,900,000 Listed Price

Map


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715 St Michaels Dr, Santa Fe, NM, 87505 is a Commercial Property for sale at $1,900,000 with 7,269 sqft and a lot size of 1.18. 715 St Michaels Dr is a studio with 0.0 baths and was built in 1968. The property's zip code is 87505 which is in Santa Fe, NM