1226 Flagman Way

Overview

Rare contemporary cargotecture in the heart of the Santa Fe Railyard – Baca District. 1226 Flagman Way is a 5,182± SF two-story commercial building constructed from steel intermodal shipping containers and comprehensively expanded and renovated between 2022 and 2025. The property features an interior elevator, three separate electric meters allowing operation as one, two, or three independent units, a self-contained studio apartment with dedicated HVAC, three full restrooms plus a ¾ bath, two cisterns, and updated fire and security systems. Located within the Railyard Master Plan’s Baca District, the property is within walking distance of SITE Santa Fe, the Santa Fe Farmers Market, Violet Crown Cinema, Second Street Brewery, El Museo Cultural, and the New Mexico Rail Runner station. The offering consists of the leasehold interest together with ownership of all improvements. Ground lease commenced February 1, 2008 with an initial 50-year term plus four 10-year extension options providing a potential lease horizon through 2098. Ideal for a gallery, creative office, design studio, boutique commercial user, live-work owner, or investor seeking a distinctive property in one of Santa Fe’s most desirable districts. Information deemed reliable but not guaranteed. Buyer to verify all matters of material concern. Asking Price: $1,520,000. Ground rent $3538/mo.