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Executive Summary

The Studios at Parkway is Santa Fe’s newest commercial, industrial, and flex-use condominium development, ideally located in the burgeoning Warehouse and Arts District of Siler/Rufina. Designed to inspire creativity and support growth, the community will total 29 units, with Phase II’s 14 units scheduled for completion in May 2026. Already home to thriving businesses including Wild Leaven, F1 Cyclery, and 2Faded Barbershop, The Studios offers durable metal buildings with an industrial aesthetic and contemporary design. Each unit features 1,677 heated square feet with soaring 24-foot ceilings, expansive storefront windows, and roll-up aluminum glass garage doors that flood the interiors with natural light. Thoughtful finishes include polished concrete floors, LED lighting, smooth drywall, and handcrafted steel staircases with oak treads, while provisions are stubbed for kitchens and showers to allow flexible use. Wide sidewalks provide opportunities for seating, shipping, and receiving, and the landscaped grounds create an inviting atmosphere for both visitors and tenants. Zoned I-1, the property accommodates a wide range of uses—from offices and galleries to light industry, wellness studios, and artisan workshops—and with solar-ready rooftops and its location within a Federal Opportunity Zone, The Studios at Parkway presents both a dynamic environment for businesses and a compelling opportunity for investors. Multiple units can be combined together for larger spaces.

Data Room Click Here to Access

12 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit A1
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange
  • Unit A2
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Conditions 1031 Exchange
  • Unit A3
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange
  • Unit A4
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Conditions 1031 Exchange
  • Unit B1
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Conditions 1031 Exchange
  • Unit B2
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange
  • Unit B3
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange
  • Unit C1
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange
  • Unit C2
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Conditions 1031 Exchange
  • Unit C3
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange
  • Unit D2
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Conditions 1031 Exchange
  • Unit D3
  • 1,587 SF
  • Flex
  • $729,892 CAD ($459.92 CAD/SF)
  • -
Sale Type Owner User
Sale Conditions 1031 Exchange
Unit Unit Size Condo Use Price NOI
Unit A1 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit A2 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit A3 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit A4 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit B1 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit B2 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit B3 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit C1 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit C2 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit C3 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit D2 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -
Unit D3 1,587 SF Flex $729,892 CAD ($459.92 CAD/SF) -

Unit A1

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit A2

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit A3

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit A4

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit B1

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit B2

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit B3

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit C1

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit C2

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit C3

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit D2

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit D3

Unit Size
1,587 SF
Condo Use
Flex
Price
$729,892 CAD ($459.92 CAD/SF)
NOI
-

Unit A1

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange

Unit A2

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Conditions 1031 Exchange

Unit A3

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange

Unit A4

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Conditions 1031 Exchange

Unit B1

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Conditions 1031 Exchange

Unit B2

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange

Unit B3

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange

Unit C1

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange

Unit C2

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Conditions 1031 Exchange

Unit C3

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Status Under Contract
Sale Conditions 1031 Exchange

Unit D2

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Conditions 1031 Exchange

Unit D3

Unit Size 1,587 SF
Condo Use Flex
Price $729,892 CAD ($459.92 CAD/SF)
NOI -
Sale Type Owner User
Sale Conditions 1031 Exchange

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 1,587 SF
Property Type Industrial
Property Subtype Showroom
Building Class C
Floors 2
Typical Floor Size 794 SF
Year Built 2024
Lot Size 2.31 AC
Opportunity Zone Yes
Zoning Industrial - 1 - Industrial - 1

Amenities

  • Wheelchair Accessible
  • Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Moderately bikeable
60/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
Four Paws Pup Boutique - Jan 0000
  • Listing ID: 38653412

  • Date on Market: 2025-12-04

  • Last Updated:

  • Address: 1189 Parkway Dr, Santa Fe, NM 87507

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