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703 Camino de la Familia
Santa Fe, NM 87501

Commercial Condominium Unit B · Office Property For Sale

Investment Highlights

  • Outstanding downtown location

Executive Summary

Commercial condominium Master Unit B is the entire ground floor of a 2-story mixed use building-- Artyard -- located in the much prized Railyard district, between Whole Foods, Site Santa Fe and the Railyard Park just south of the Santa Fe Farmer's Market. The condo was built as 8 units, six currently leased by Railyard Fitness on a month-month basis. Each unit has a an overhead door, separate bathroom. Several units have showers. The building including Master Unit B is subject to a 50-year ground lease with four, 10-year options and easements and restrictions of record (ground lease not for sale). All upstairs units are residential and have been sold. Basement condo has also been sold. 8 parking spaces on a nearby lot are for the exclusive use of condo Unit B. Additional paid parking is available to the north of the building. The property is bank-owned who has indicated that financing could be available to a qualified Buyer. Building was originally built to be leed-certified, although certification was never obtained, the building is quite energy-efficient. The building's BCD-RED zoning allows for many uses.

PROPERTY FACTS

Property Type Office
Property Subtype
Loft/Creative Space
  • General Retail Storefront Retail/Office
  • General Retail Health Club
Building Class A
Lot Size 6.14 AC
Rentable Building Area 15,710 SF
No. Stories 3
Year Built 2011
APN / Parcel ID 910020838

Amenities

  • Bus Line
  • Commuter Rail
  • Fitness Center
  • Bicycle Storage
  • High Ceilings
  • Natural Light
  • Air Conditioning

zoning

Zoning Code BCD RED (BCD Redevelopment Zone allows for multiple uses)
BCD RED (BCD Redevelopment Zone allows for multiple uses)
  • Listing ID: 20380213

  • Date on Market: 7/23/2020

  • Last Updated:

  • Address: 703 Camino de la Familia, Santa Fe, NM 87501

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