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116 W San Francisco St
Santa Fe, NM 87501
Plaza Mercado · Retail Property For Sale
Investment Highlights
- Full-block frontage in the heart of downtown Santa Fe Plaza district Three-street frontage — West San Francisco Street, Galisteo Street and West Water
- in 1982 Zoned BCD, downtown historic overlay — permits retail, office and residential use No curb cuts, pedestrian entrances on all three streets
- Central atrium design with glass-wall elevator overlooking the atrium Historic character — original structures date to 1890, 1942 and 1960, renovated
Executive Summary
Plaza Mercado is a landmark mixed-use property spanning a full city block in the heart of downtown Santa Fe, with frontage on West San Francisco Street, Galisteo Street and West Water Street. The three-story building is organized around a central atrium and offers approximately 60,576 SF of retail and office space across two connected buildings. Zoned BCD within the downtown historic overlay, the property permits retail, office and residential uses.
Property is in foreclosure and receivership. Sale subject to approval by the court and the receiver. Seller has limited knowledge of the recent financial performance of the property and its physical condition due to the receivership. Buyer must perform due diligence with limited information provided by Seller and Receiver and obtain its own information to be satisfied with the property. Seller will be limited in its ability to make representations and warranties upon sale.
Property is in foreclosure and receivership. Sale subject to approval by the court and the receiver. Seller has limited knowledge of the recent financial performance of the property and its physical condition due to the receivership. Buyer must perform due diligence with limited information provided by Seller and Receiver and obtain its own information to be satisfied with the property. Seller will be limited in its ability to make representations and warranties upon sale.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
60,576 SF
Year Built/Renovated
1890/1982
Percent Leased
100%
Building Height
3 Stories
Zoning
BCD (Business Capital Dis - Plaza / San Francisco subdistrict, within the downtown historic overlay. Permitted uses include retail, office and residential. Maximum height 36 feet
Property Taxes
| Parcel Number | 011135104 | Improvements Assessment | $2,291,737 CAD |
| Land Assessment | $660,391 CAD | Total Assessment | $2,952,128 CAD |
Property Taxes
Parcel Number
011135104
Land Assessment
$660,391 CAD
Improvements Assessment
$2,291,737 CAD
Total Assessment
$2,952,128 CAD
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