For Sale $8,250,000
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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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.

Contacts

Tai Bixby

Real Estate Advisors, LLC

Location

Getting Around

Walk Score ®
82/100 Very Walkable
Bike Score ®
60/100 Bikeable

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

El Callejon

0.05 miles
Ortiz Restaurant & Bar

0.07 miles
Tia Sophia's Restaurant

0.07 miles
Coyote Cafe & Rooftop Cantina

0.08 miles
The Pantry Rio

0.08 miles
Burger Stand

0.09 miles
Agave Lounge

0.10 miles
Apothecary

0.10 miles
La Fogata Grill

0.10 miles
Il Vicino Wood Oven Pizza

0.11 miles

Santa Fe School of Cooking

0.18 miles
Francis Family School

0.24 miles
Institute of American Indian Arts

0.27 miles
New Mexico School for the Arts Institute

0.31 miles
New Mexico School for the Arts

0.33 miles
Carlos Gilbert Elementary School

0.33 miles
Wood Gormley Elementary School

0.51 miles
St. Catherine's Indian School (Closed)

0.74 miles
Gonzales School;Gonzales Elementary School

0.78 miles
Acequia Madre Elementary School

0.81 miles

Boys and Girls club

0.57 miles
Garcia Street Club

0.84 miles
La Casita Pre School

0.98 miles
KinderCare

3.07 miles

Frequently Asked Questions

How much does 121 Sandoval Street cost?

The space currently listed for sale at 121 Sandoval Street asks for $8,250,000.

What is the total square footage of 121 Sandoval Street?

121 Sandoval Street totals 31,230 square feet.

When was this property built?

121 Sandoval Street was built in 1971.

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