Map of Property

121 Sandoval Street

121 Sandoval Street, Santa Fe, NM 87501

  • 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

broker
Tai Bixby

Real Estate Advisors, LLC

Location

Getting Around

  • Walk Score ®

    82/100 Very Walkable

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • 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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Tai Bixby

Real Estate Advisors, LLC