18
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$4,500,000
Est. payment /mo
8,712 Sqft Lot
Price Dropped by $1.0M
124 Marcy ST Santa Fe, NM 87501
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202603582
HOA Y/N No
Year Built 1950
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Office
Property Description
124 East Marcy Street presents an exceptional opportunity to acquire a move-in-ready, two-story office building in the heart of downtown Santa Fe, New Mexico, just two blocks north of the historic Santa Fe Plaza.
The property features approximately 9,924 square feet of building area on a 0.198-acre site. The well-designed interior includes 11 private offices, two open cubicle areas, three server rooms, and a mail room that could potentially be converted into four additional private offices. Building amenities include an elevator, central HVAC, wood flooring, masonry construction, a second-floor balcony overlooking Marcy Street, and a diesel-powered backup generator.
Five on-site parking spaces are located at the rear of the building, with additional monthly parking options available at the Convention Center garage and metered street parking along Marcy Street.
The property is located directly across from the Santa Fe Public Library and within walking distance of the Palace of the Governors, New Mexico Museum of Art, Georgia O'Keeffe Museum, and the Canyon Road gallery district.
Zoned BCD (Business Capital District), Marcy subdistrict, the property permits office, retail, residential, and related uses, subject to City review. Its flexible layout and central location offer potential for an owner-occupant headquarters, multi-floor leasing, or future repositioning.
**Now offered at $4,500,000 ($453.45 per square foot).**
The property is in foreclosure and receivership. Any sale is subject to lender and court approval. Prospective purchasers should independently verify all property information, zoning, permitted uses, measurements, and other details.
The property features approximately 9,924 square feet of building area on a 0.198-acre site. The well-designed interior includes 11 private offices, two open cubicle areas, three server rooms, and a mail room that could potentially be converted into four additional private offices. Building amenities include an elevator, central HVAC, wood flooring, masonry construction, a second-floor balcony overlooking Marcy Street, and a diesel-powered backup generator.
Five on-site parking spaces are located at the rear of the building, with additional monthly parking options available at the Convention Center garage and metered street parking along Marcy Street.
The property is located directly across from the Santa Fe Public Library and within walking distance of the Palace of the Governors, New Mexico Museum of Art, Georgia O'Keeffe Museum, and the Canyon Road gallery district.
Zoned BCD (Business Capital District), Marcy subdistrict, the property permits office, retail, residential, and related uses, subject to City review. Its flexible layout and central location offer potential for an owner-occupant headquarters, multi-floor leasing, or future repositioning.
**Now offered at $4,500,000 ($453.45 per square foot).**
The property is in foreclosure and receivership. Any sale is subject to lender and court approval. Prospective purchasers should independently verify all property information, zoning, permitted uses, measurements, and other details.
Location
State NM
County Santa Fe
Zoning BCD
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Water Access Desc Public
Present Use Office
Private Pool No
Building
Water Public
Others
Tax ID 018402183
Acceptable Financing Cash, Conventional, 1031 Exchange, New Loan
Listing Terms Cash, Conventional, 1031 Exchange, New Loan
Special Listing Condition Standard
Listed by Tai Bixby • Real Estate Advisors, LLC
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