139 Old Lamy Trail Lamy, NM $ 475,000
139 Old Lamy Trail
$ 475,000
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139 Old Lamy Trail

Lamy, NM, 87540
$ 475,000
Bedrooms-- Baths-- Sq 1,098

Monthly Estimate*

$ 3,281

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Commercial Property for sale in Lamy, NM

for $475,000. This 1,098 square foot building was built in 2001 on a lot size of 1.03.

Built in 2001 as an artist studio, the Lamy Rail House sits on 1.03 acres in historic Lamy, 18 miles from downtown Santa Fe. Its Traditional Community zoning is what sets it apart: the property may be used residentially or for light commercial purposes, with several uses permitted by right. General stores, art studios, museums, and libraries are all permitted uses, and additional light commercial uses may be available with conditional approval. The building suits that flexibility. Vaulted ceilings, textured concrete floors, 1.5 bathrooms, a wood-burning stove, and two open-framed porches give the interior an open, studio-like character that adapts easily to retail, gallery, workshop, or gathering space. A secluded loft adds flexible square footage for guests, offices, or creative live/work. The house has a creative lineage, having been home to a blacksmith and a painter among other artists. Location reinforces the case. Views from nearly every room reach toward the historic Mission Chapel of Our Lady of Light, and the property looks out toward Lamy's Depot and the Legal Tender Saloon. The setting is distinctly Lamy: historic railroad architecture, open skies, wetlands, mature trees, and a village that feels far from Santa Fe while remaining an easy drive from the Plaza. The active rail line runs through the heart of it. Amtrak passes twice daily with service toward Los Angeles and Chicago, and Sky Railway brings visitors and foot traffic into the village — a genuine asset for a business built around a destination. For some, passing trains are simply part of Lamy's rhythm; for others, they are part of what makes the place memorable. A rare combination: the peace and character of a small historic village, a rail connection reaching well beyond Northern New Mexico, and zoning flexible enough to let you create, retreat, entertain, work, or build something here.

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Commercial Active

Price

$ 475,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.03

Year Built

2001

Town/City

Lamy

County/Region

Santa Fe

MLS | Web ID

202604083

Features
General
Sewer Septic Tank
Utilities High Speed Internet Available Electricity Available
Possession Closing & Funding Close Of Escrow
Roof Metal Pitched
Zoning Other
Security Features Surveillance System
Construction Materials Frame Other
Year Built 2001
Tenant Pays None
Property Subtype Mixed Use
Current Use Other
Business Type Live/Work Mixed Other Retail Showroom
Community Features High Traffic Location
County Santa Fe
Property Type Commercial Sale
Possible Use Gallery Live/Work Mixed Use Other Retail
Garage Y/N false
Building Features Kitchen Facilities Living Area Other Public Restrooms See Remarks
Special Listing Conditions Standard
Status Active
Directions South on Highway 285 > Left onto Old Lamy Trail > 139 Old Lamy Trail is on your left as you approach the train station right after you pass the church.
City Lamy
Zoning Description Traditional Community
Lot Size Units Acres
Lot Size Square Feet 44866.8
Listing Terms Cash Conventional New Loan
Land Lease Y/N false
MLS Area Minor 10-Hwy 285
Lease Considered Y/N false
Building Area Units Square Feet
Lease Type None
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Mixed Use
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Interior
Flooring Concrete
Basement (Y/N) false
Fireplace Y/N false
Total Baths 0
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Exterior
Parking Features Parking Available
Total Parking 3
Lot Size Area 1.03
Building Area Total 1098
Lot Size Acres 1.03
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Catherine Ish

Listing Agent

Corcoran Plaza Properties

Broker

catie.ish@corcoranplaza.com

Email

Affordability Calculator

$3,281
Per Month
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Monthly Principal & Interest
$3,281
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$475,000 Listed Price

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139 Old Lamy Trail, Lamy, NM, 87540 is a Commercial Property for sale at $475,000 with 1,098 sqft and a lot size of 1.03. 139 Old Lamy Trail was built in 2001. The property's zip code is 87540 which is in Lamy, NM