121 Sandoval Street

For Sale

121 Sandoval Street, Santa Fe, NM 87501

This Santa Fe property for sale is located at 121 Sandoval Street. The general use of 121 Sandoval Street is office and it incorporates 31,230 square feet of class B office space. The current listed sale price for 121 Sandoval Street is $8,250,000. 121 Sandoval Street is situated on a lot that is 0.69 acre in size.

Contacts

broker
Tai Bixby

Real Estate Advisors, LLC

Property Details

  • Property Type Office
  • Property Size 31,230 SF
  • Lot Size 0.69 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1971
  • Date Updated Aug 5, 2024

First Northern Plaza is a mixed-use commercial building for sale 2 blocks from the Santa Fe Plaza in a highly visible location across the street from the Hilton Hotel and the City of Santa Fe Parking Garage. Three story building with a full basement measuring approximately 32,000 ±sf on a 0.695 acre lot.

With great visibility and proximity to many of downtown Santa Fe's tourist destinations, the property is ripe for redevelopment and reimagined use for hospitality, luxury, residential, retail or other income generating possibilities.

BCD Zoning allows for many uses including residential, multifamily, retail, office, medical, dental, hotel, restaurant, bar, club, educational, religious, and more.

Located in "Downtown & East Side Historic District" the property currently has Non-Contributing Historic status. Redevelopment may trigger a status review. 

Seller is offering the property for sale in its entirety with 100% of the existing condominium units and leases in place. Tenants include Rocky Mountain Cannabis, Southwestern Association for Indian Art (the Indian Market producers), New Mexico Conservation Voters, attorneys, financial advisors, software and other office users.

Sale is subject to provision of an access easement across the east parking lot for access to Seret & Sons and non-compete restrictions for sale of certain arts and dry goods. 

Adjacent properties are also available for sale, inquire with broker.

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Highlights

  • 2 blocks from the Santa Fe Plaza in a highly visible location across the street from the Hilton Hotel and the City of Santa Fe Parking Garage.
  • Three story building with a full basement measuring approximately 32,000±sf on a 0.695 acre lot.

Getting around

  • 82/100

    Walk Score ®

  • 60/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Santa Fe, NM
  • Neighborhood Downtown Santa Fe
  • Zip Code 87501
  • Market Albuquerque

Points of Interest

  • Santa Fe Depot

    0.32 miles

  • South Capitol

    1.31 miles

  • Zia Road

    2.93 miles

  • Drive-up Window

    9.61 miles

  • ChargePoint

    0.30 miles

  • Galisteo Allsup's

    0.37 miles

  • Allsup's Gas

    0.56 miles

  • eVgo

    0.60 miles

  • Magnolia

    0.73 miles

  • Speedway

    0.97 miles

  • Smith's

    2.27 miles

  • Allsup's

    2.31 miles

  • Valero

    2.46 miles

  • Chevron

    2.58 miles

  • Sandoval Garage

    0.05 miles

  • San Francisco Plaza

    0.13 miles

  • El Patio

    0.15 miles

  • Water Street Municipal Lot

    0.16 miles

  • Design Center Employee Parking

    0.26 miles

  • Santa Fe Public Library Parking

    0.33 miles

  • Scholar Parking

    0.97 miles

  • Student Activities Center Parking

    1.98 miles

  • Visitor Parking Lot

    2.08 miles

  • La Cuchara Trailhead

    2.08 miles

  • Hilton Santa Fe Historic Plaza

    0.07 miles

  • Eldorado Hotel

    0.12 miles

  • Piñon Court by La Fonda

    0.13 miles

  • Piñon Court

    0.15 miles

  • Inn of the Anasazi

    0.28 miles

  • La Fonda on the Plaza

    0.28 miles

  • Inn and Spa at Loretto

    0.29 miles

  • Inn of the Five Graces

    0.29 miles

  • Hotel Chimayo de Santa Fe

    0.29 miles

  • El Sendero Inn

    0.32 miles

  • Santa Fe Arcade

    0.16 miles

  • Santa Fe Village

    0.16 miles

  • Design Center Santa Fe

    0.22 miles

  • Kaune's Neighborhood Market

    0.47 miles

  • Sprouts Farmers Market

    0.59 miles

  • De Vargas Center

    0.63 miles

  • Ross

    0.67 miles

  • Whole Foods Market

    0.71 miles

  • Market Street

    0.72 miles

  • La Montanita Co-Op Santa Fe

    0.95 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tai Bixby

Real Estate Advisors, LLC