1527 5th Street, Santa Fe, NM 87505 (MLS# 1061673)

1527 5th Street, Santa Fe, NM 87505

$985,000

Property Type: Commercial Sale Lot Size (sq. ft.): 10,106 Status: Closed

Current Price: $985,000 List Date: 4/30/2024 Last Modified: 5/04/2024

Overview

Description

Mixed Use Investment property For Sale! Live work opportunity centrally located in Santa Fe! Prime Santa Fe mixed use commercial and residential property that can be leased out or owner operated. The property has a 1670 sq ft warehouse/auto shop, a 1313 sq ft retail storefront and a 1492 sq ft upstairs 2 bedroom apartment. 3 14 ft bay doors on warehouse along with a lift. The retail space is newly vacant. Warehouse/auto body shop is on a new lease for 1 year at $1800 a month until June 2024. Apartment is vacant and could rent for $2200-2500 a month. Inventory is low in Santa Fe, this is an amazing opportunity.

Listing Details MLS# 1061673

Status Change Info

Pending Date: 2024-04-30
Closing Date: 2024-05-02

Location

Street #: 1527
Street Name: 5th
St Suffix: Street
County: Santa Fe
City/Town Code: Santa Fe
State/Province: NM
Zip Code: 87505
Zip +4: 3427
Directions: Cerrillios to Fifth street or St. Michaels Drive to Fifth Street
MLS Area Major: 300 - City of Santa Fe
Zone Atlas: NOZA
Freestanding: Yes

General Property Description

Property Sub-Type: Mixed Use
Acres: 0.23
Lot SqFt: 10105.92
Apx Lot Dim Front: 51
Apx Lot Dim Side: 150
Lot Size Source: On-Line
Flood Zone: X
Total # Stories: 2
# Parking Spaces: 6
Docks: No
Disability Access: Yes
% Occupied: 90
Transaction Type: Sale
# of Docks: 0
Door Height: No

Miscellaneous

Land Ownership: Land Owned

Cooling

Centrally Ducted: Yes
Evaporative Cooling: Yes

More Information

Sales Info

Trade/Xch Considered: No

Tax & Legal Info

UPC Code: 011774848
Short Legal Desc: LOT 1 BLK 10 BISHOP HGTSADD AKA CAPITAL TOWNSITE ADD
GRT Code: 01-123
Tax Exemption: No
Tax Annual Amount: 5428.71

Construction Materials

Frame: Yes
Stucco: Yes

Heating

Natural Gas: Yes

Income & Expenses

Lease Term/Months: No

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes
Paved: Yes

Lease Information

None: Yes

Docs/Data Available

Restrictive Covenant: Yes
Survey: Yes

Finance Considered

Cash: Yes
Conventional: Yes
Owner Financing: Yes

Zoning

C-2: Yes

Property Features

Location: Freestanding; Freestanding Construction Materials: Frame; Stucco Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Utilities: Electricity Connected; Sewer Connected; Water Connected Heating: Natural Gas Cooling: Evaporative Cooling Lease Information: None Finance Considered: Cash; Conventional; Owner Financing Zoning: C-2

Listing Office: Coldwell Banker Legacy

Last Updated: May - 04 - 2024

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