203 W Water St

For Lease

203 W Water St, Santa Fe, NM 87501

Contacts

broker

Alan Wreyford

XLNT Services

Property Details

  • Property Type Mixed Use
  • Property Size 2,988 SF
  • Lot Size 0.08 Acre
  • Additional Rent $6,400.00/MO
  • # of Floors 1
  • Average Floor Size 2,988 SF
  • Property Tenancy Single Tenant
  • Year Built 1955
  • Year Renovated 2010
  • Date Updated Aug 22, 2024

This space is currently for rent and is also available for sale.  Listing price is $1,425,000.     The rent price is $6400 per month, no long term lease.  8 to 12 month preferred.  

This is a very rare opportunity for an owner/operator or investor to purchase 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 in a highly visible as it is in one of the highest trafficked walking corridors of Water St. and Galisteo. A large public parking garage is located just a few doors away. The building is priced under market value at ~$500/sq. ft.  Schedule a showing today and Don't miss this great opportunity to own a part of downtown Santa Fe!

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Highlights

  • This building is within 2 blocks of the world famous Santa Fe Plaza with high end galleries and excellent restaurants. There are multiple parking options within blocks of the building, one next door.
  • This property has a sizeable storage area, a small office, a kitchenet and bathroom. There is also a side door that leads out onto the adjacent properties open space.

Getting around

  • 81/100

    Walk Score ®

  • 55/100

    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

    0.38 miles

  • South Capitol

    1.36 miles

  • Zia Road

    2.96 miles

  • Drive-up Window

    9.60 miles

  • ChargePoint

    0.27 miles

  • Galisteo Allsup's

    0.39 miles

  • Allsup's Gas

    0.61 miles

  • eVgo

    0.63 miles

  • Magnolia

    0.78 miles

  • Speedway

    1.02 miles

  • Smith's

    2.32 miles

  • Allsup's

    2.35 miles

  • Valero

    2.50 miles

  • Chevron

    2.62 miles

  • Sandoval Garage

    0.05 miles

  • Water Street Municipal Lot

    0.12 miles

  • San Francisco Plaza

    0.15 miles

  • El Patio

    0.17 miles

  • Santa Fe Public Library Parking

    0.27 miles

  • Design Center Employee Parking

    0.30 miles

  • Scholar Parking

    0.95 miles

  • Student Activities Center Parking

    1.95 miles

  • SFI Visitor Parking

    2.02 miles

  • Visitor Parking Lot

    2.04 miles

  • Hilton Santa Fe Historic Plaza

    0.11 miles

  • Eldorado Hotel

    0.12 miles

  • Piñon Court by La Fonda

    0.17 miles

  • Piñon Court

    0.18 miles

  • Inn of the Anasazi

    0.22 miles

  • La Fonda on the Plaza

    0.23 miles

  • Hotel Chimayo de Santa Fe

    0.23 miles

  • Inn and Spa at Loretto

    0.24 miles

  • Inn of the Five Graces

    0.27 miles

  • El Sendero Inn

    0.28 miles

  • Santa Fe Arcade

    0.10 miles

  • Santa Fe Village

    0.13 miles

  • Design Center Santa Fe

    0.27 miles

  • Kaune's Neighborhood Market

    0.46 miles

  • Sprouts Farmers Market

    0.62 miles

  • De Vargas Center

    0.67 miles

  • Ross

    0.70 miles

  • Market Street

    0.75 miles

  • Whole Foods Market

    0.76 miles

  • La Montanita Co-Op Santa Fe

    1.00 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

Alan Wreyford

XLNT Services

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  2. 2Extra information