4 N Chamisa Santa Fe, NM $ 1,599,000
4 N Chamisa
$ 1,599,000
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4 N Chamisa

Santa Fe, NM, 87508
$ 1,599,000
Bedrooms-- Baths-- Sq 4,815

Monthly Estimate*

$ 10,096

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Commercial Property for sale in Santa Fe, NM

for $1,599,000. This 4,815 square foot building was built in 1997 on a lot size of 2.09.

Offered at $1,599,000, this is a rare opportunity to acquire both the real property and the operating business behind a proven, income-producing mixed-use commercial + residential arts-hospitality concept in the Eldorado area of Santa Fe. Extensively renovated and thoughtfully configured, the 4,815± SF building sits on 2.32± acres with direct access and excellent visibility along U.S. Highway 285. The property is currently operated as a gallery-centered artist residency campus, featuring a front-of-house gallery/event space, five contemporary residential apartments, and five private art studios. The business model is designed around 1–2 week stays for visiting artists, combining lodging and dedicated studio space—an offering that aligns perfectly with Santa Fe’s year-round creative economy and destination travel demand. Important Note: The Jenn Tough Gallery name, entity, branding, and any associated websites or online assets are not included in the sale. The buyer will be acquiring the underlying real property and the operating model/infrastructure, but will operate under a new business name and branding. Flexible Future Upside (Multiple Paths): Continue the seller’s successful residency model—gallery + lodging + studios—with revenue potential beyond art sales, or reimagine the asset into other high-demand uses. With the right zoning, permitting, and/or variances, the property may lend itself to a boutique BnB, expanded hospitality retreat, or longer-term apartment configuration. The mixed-use layout also supports workshops, events, and curated experiences.

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Commercial Active

Price

$ 1,599,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

2.09

Year Built

1997

Town/City

Santa Fe

County/Region

Santa Fe

MLS | Web ID

202602536

Features
General
Sewer Septic Tank
Cooling Refrigerated
Utilities Electricity Available
Possession Closing & Funding
Roof Bitumen Flat Membrane
Zoning Other
Security Features Surveillance System
Year Built 1997
Property Subtype Mixed Use
Current Use Other
Business Type Mixed
Community Features High Traffic Location
County Santa Fe
Property Type Commercial Sale
Possible Use Mixed Use
Garage Y/N false
Building Features Kitchen Facilities Living Area
Special Listing Conditions Standard
Status Active
Directions I-25 and HWY 285. 285 South to Alma. East on Alma. North on North Chamisa.
City Santa Fe
Zoning Description Commercial Neighborhood(CN)
Lot Size Units Acres
Lot Size Square Feet 90866.16
Listing Terms Cash Conventional 1031 Exchange New Loan Owner Will Carry
MLS Area Minor 14-Eldorado
Lease Considered Y/N false
Building Area Units Square Feet
Lease Type None
Standard Status Active
Year Built Source Other
Property Sub Type Additional Mixed Use
Cap Rate 5.5
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Interior
Basement (Y/N) false
Air Conditioning Y/N true
Fireplace Y/N false
Total Baths 0
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Exterior
Parking Features Parking Available Parking Lot
Water Source Community/Coop
Total Parking 13
Lot Size Area 2.09
Building Area Total 4815
Lot Size Acres 2.09
Lot Size Source Survey
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* Excluded Features
List By
Mark Rochester

Listing Agent

Berkshire Hathaway Homeservice

Broker

mark@summitgroupnm.com

Email

Affordability Calculator

$10,096
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,096
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$1,599,000 Listed Price

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4 N Chamisa, Santa Fe, NM, 87508 is a Commercial Property for sale at $1,599,000 with 4,815 sqft and a lot size of 2.09. 4 N Chamisa was built in 1997. The property's zip code is 87508 which is in Santa Fe, NM