3565 Cerrillos Rd. Santa Fe, NM $ 2,500,000
3565 Cerrillos Rd.
$ 2,500,000
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3565 Cerrillos Rd.

Santa Fe, NM, 87507
$ 2,500,000
Baths0.0 Sq 7,971

Monthly Estimate*

$ 17,463

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Studio

Commercial Property for sale in Santa Fe, NM

for $2,500,000. This 7,971 square foot building was built in 1973 on a lot size of 1.3.

COMMERCIAL INVESTMENT OPPORTUNITY: PRIME LOCATION ON CERRILLOS ROAD This offering includes a first time on the market fully leased shopping center, situated on a 1.295-acre plot zoned for C-2 commercial use. Nestled in a high-traffic area and surrounded by several other prime restaurants, hotels and retailers, this property boasts an impressive daily traffic count of approximately 45,000 vehicles, ensuring maximum visibility for all businesses within the center. It features 7,900+ square feet and 8 retail units, each offering unique and flexible spaces. The businesses appreciate the high visibility, ease of access, excellent signage, and with 1.29 acres, there is plenty of parking for all of the tenant’s customers and patrons. The C-2 zoning permits a variety of commercial uses, making it an ideal location for retail stores, eateries, service providers, and more. There is currently a consistent and diverse tenant mix, adding to the center's appeal, predictable cash flow, and investment potential.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

1.3

Year Built

1973

Town/City

Santa Fe

County/Region

Santa Fe

MLS | Web ID

202400164

Features
General
Sewer PublicSewer
Utilities HighSpeedInternetAvailable ElectricityAvailable
Possession ClosingFunding
Roof BuiltUp TarGravel
Zoning C-2
Construction Materials Block Frame
Year Built 1973
Tenant Pays Electricity Gas Internet
Property SubType Retail
Current Use Restaurant Retail
Business Type Restaurant Retail
County Santa Fe
Property Type CommercialSale
Possible Use Restaurant Retail
Garage Y/N No
Building Features HandicapAccess KitchenFacilities PublicRestrooms PavedYard Storefront
Status Active
City Santa Fe
Buyer Agent Compensation 3
Disclosures LeadBasedPaintDisclosure
Lot Size Square Feet 56410.2
Street Name Cerrillos Rd.
Listing Terms Cash Conventional NewLoan
MLS Area Minor 4N-SF City Limit SWN
Lease Considered Y/N No
Days on Market 67
Building Area Units SquareFeet
Lease Type ModifiedGross
Standard Status Active
Year Built Source Appraiser
Property Sub Type Additional Retail
Buyer Agent Compensation Type Item1
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Interior
Flooring Carpet Tile Vinyl
Basement (Y/N) No
Fireplace Y/N No
Total Baths 0
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Exterior
Parking Features ParkingLot
Water Source Public
Total Parking 50.0
Lot Size Area 1.3
Building Area Total 7971.0
Lot Size Acres 1.3
Lot Size Units Acres
Lot Size Source Survey
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Internal Only
Street Number 1 3565
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* Excluded Features
List By
Nathan Ortiz

Listing Agent

Nm Roots Real Estate

Broker

natesNMrealestate@gmail.com

Email

Affordability Calculator

$17,463
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,463
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
3/26/2024$2,500,000 -24.24% Price Down
1/19/2024$3,300,000 Listed Price

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3565 Cerrillos Rd., Santa Fe, NM, 87507 is a Commercial Property for sale at $2,500,000 with 7,971 sqft and a lot size of 1.3. 3565 Cerrillos Rd. is a studio with 0.0 baths and was built in 1973. The property's zip code is 87507 which is in Santa Fe, NM