Downtown Santa Fe with BCD Zoning
203 W Water St Santa Fe, NM 87501

Overview
This is a very rare opportunity to purchase or lease a historic commercial property in the heart of downtown Santa Fe just off the Plaza. Santa Fe continues to be one of the top destinations in the country and was just named the number two Best City to visit in the US by Travel and Leasure. The building is surrounded by some of the best galleries, shops, and restaurants in town. The zoning is BCD which is highly sought after due to the flexibility it affords - nearly any business is allowed along with residential or live/work. There is beautiful hardwood flooring, exposed beams, plaster walls, 3 changing rooms, a sizable storage room, a small office, a kitchenette, and a bathroom. Possible uses include gallery space, retail, and office space. The entire West wall of the building is not adjacent to another structure and has open space - very rare for downtown. The space is highly visible as it is on one of the highest-trafficked walking corridors in Santa Fe. A large public parking garage is located just a few doors away. The building is priced for sale under market value at ~$500/sq. ft. Schedule a showing today and Don't miss this great opportunity to be a part of downtown Santa Fe!
Lease Spaces
Name | Rate |
---|---|
Entire Space | $7,500 /Month |
For Sale/Lease
Secondary Uses: Free Standing
- Lease Rate
- $7,500 Month
- Sale Price
- $1,425,000
- Building Size
- 2,988 SF
- Structure
- Net
- Showing Instructions
- See Notes
- Number of Buildings
- 1
- Floors
- 1
- Construction Siding
- Stucco
- Nearest MSA
- Santa Fe
- Property Status
- Existing
- Power Provider
- PNM
- Water Provider
- City - City of Santa Fe
- Sewer Provider
- City - City of Santa Fe
- Natural Gas Provider
- NM Gas Company
- County
- Santa Fe
- Created
- 2023-07-13
- Updated
- 2025-01-27
- Listing ID
- 5118ca4c
- Parcel APN
- 99306890