5 Santa Fe Nm 87508Santa Fe, NM 87508

For Sale
$265,000

1,200 SF Office Condo, Income Producing

Overview

Added:
Dec 11, 2024
Days on market:
93
This 1,200-square-foot Class B office condo in Santa Fe, New Mexico, is offered at $265,000 ($220.83/sq ft). Built in 2004, this single-story property is located at 5 Caliente Rd., Suite 3, Santa Fe, NM 87508, within the Eldorado commercial area and zoned for Commercial Neighborhood use in Santa Fe County. The unit features a functional layout including four offices, an ADA-compliant restroom, a breakroom, and a reception area. A current tenant occupies the space under a one-year lease, providing immediate income potential. The condo boasts convenient amenities such as two designated parking spaces in front, plus additional non-designated parking in the rear. The building is fully sprinklered, and the unit includes Cat5e wiring in each office. Monthly condo owner association dues are $398.76. Suitable for various professional uses, including medical, institutional, non-profit, and general office settings. This presents a compelling opportunity for investors seeking a stable, income-generating property in a desirable Santa Fe location.

Highlights

  • Located in Santa Fe's desirable Eldorado commercial area.
  • Currently leased with a one-year lease in place, providing immediate income.
  • Functional layout includes four private offices, ADA-compliant restroom, breakroom, and reception area.
  • Monthly HOA dues are $398.76.
  • Suitable for various professional uses, including medical, institutional, non-profit, and general office.
  • Two designated parking spaces in front, plus additional unassigned parking in the rear.

Property Details for 5 Santa Fe Nm 87508

Property type
Other office properties, Office properties
Square Feet
1,200 SF
Class
B
Year Built
2004
Stories
1

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.536236242398
Longitude
-105.89136959908
5 Santa Fe Nm 87508, Santa Fe, New Mexico

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5 Santa Fe Nm 87508
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