300 Paseo De PeraltaSanta Fe, NM 87501

For Sale
$850,000

Prime Santa Fe Office Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional two-story, 13,278 square foot Class B office building in downtown Santa Fe, NM presents a compelling value-add investment opportunity for owner-users. Located at 300 Paseo De Peralta, 87501, this multi-tenant property features 17 fully leased executive office spaces, including three expansive ground floor suites. A large ground floor suite is currently available for lease or owner-user occupancy. Built in 1986, the building offers convenient amenities such as elevator access, dedicated parking, a shared furnished conference room, common kitchenettes, and a spacious upstairs patio with stunning Sangre de Cristo Mountain views. Currently operating at 75% occupancy, the building is zoned BCD and sits on a ground lease with 52 years remaining. The asking price is $850,000, translating to $64.02 per square foot. This property represents a rare chance to acquire a well-located, income-producing asset in the thriving Santa Fe business district. The modified lease structure provides flexibility for both current and future tenants. This is a unique opportunity to capitalize on the strong Santa Fe market.

Highlights

  • $850,000 asking price for a 13,278 SF office building.
  • Located in Santa Fe, NM, at 300 Paseo De Peralta, 87501.
  • Class B, two-story building constructed in 1986 with one building.
  • Multi-tenant property with 75% occupancy; Modified lease type.
  • Features 17 executive office suites, a furnished conference room, kitchenettes, and a patio with mountain views. Includes dedicated parking and elevator access.
  • Ground lease in place with 52 years remaining; Zoned BCD.

Property Details for 300 Paseo De Peralta

Property type
Other office properties, Other investment properties
Square Feet
13,278 SF
Class
B
Year Built
1986
Buildings
1
Stories
2

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.6920657
Longitude
-105.9423109
300 Paseo De Peralta, Santa Fe, New Mexico

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300 Paseo De Peralta
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