Retail Commercial Real Estate in Santa Fe, New Mexico (NM)

Lease Retail

1607 A Alcaldesa St

1607 A Alcaldesa St, Suite 110A, Santa Fe, NM 87501

$28 SF/year
4,117 SF
24,481 SF building

NEW PRICE! Don't miss out on this prime restaurant or retail lease opportunity in the heart of the Santa Fe Railyard District. This 4,117 RSF space was formerly home to Restoration Pizza and is already equipped with an exhaust hood, grease trap, and infrastructure for commercial kitchen equipment, making it ideal for a restaurant, café, or food concept. The property is located directly across from Sky Cinema (formerly Violet Crown) in the Railyard and benefits from strong foot traffic generated by the Santa Fe Farmers Market, Railyard Park, breweries, museums, the New Mexico School for the Arts, and nearby hotels. The area attracts both locals and visitors throughout the day and evening. The building is professionally managed and part of the curated Railyard development. National chain tenants are not permitted, and all tenant leases are subject to approval by the Santa Fe Railyard Community Corporation, supporting a vibrant mix of local businesses. This is a unique opportunity to open a restaurant or retail concept in one of Santa Fe's most dynamic districts--where arts, culture, entertainment, and food intersect and where both locals and visitors naturally gather throughout the day and evening. Lease Rate: $25.00/SF + NNN -- PRICE REDUCED FROM $28/SF to $25/SF!Size: 4,117 RSF Use: Restaurant, café, or retail Term: Three Years with annual rent escalations

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Lease Retail

Retail Space Available – El Mercado Plaza

511 W Cordova Rd, Santa Fe, NM 87505

Negotiable
1,063 – 5,004 SF
5 Spaces

AVAILABLE: Unit 533: ±1,135 SF, Unit 531: ±1,063 SF, Unit 525: ±1,616 SF, Unit 527-B: ±1,190 SF | LEASE RATE: See Advisors | ZONING: SC-2, Planned Shopping Center | HIGHLIGHTS: Establish shopping center, Ample customer parking, Excellent visibility and co-tenancy, Easy access via Cordova Rd., Don Diego Ave. & Camino de los Marquez, Nearby retailers include: CVS, Trader Joe’s, O’Reilly Auto Parts, Orange Theory, Sports Shops, Restaurants/Bakeries, State Departments and private, offices

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Lease Retail

2440 Cerrillos Rd

2440 Cerrillos Rd, Santa Fe, NM 87505

Negotiable
2,494 SF
7 ac

Unit 2440 A, located at 2400 Cerrillos Road in Santa Fe, New Mexico, is a sublease opportunity within an established shopping center. College Plaza South offers excellent visibility and is anchored by well-known tenants such as Smith’s Food & Drug and Planet Fitness. It is a prime location for businesses benefiting from steady foot traffic. The property, zoned C-2, is not just suitable but ideal for various retail and service uses, making it a versatile space for your business. It is surrounded by popular co-tenants, including Chick-fil-A, The Paleta Bar, and other service-oriented businesses. Sublease OpportunityCannabis-friendlyPrime locationSurrounded by strong national tenantsVersatile layout to accommodate a multitude of usesTenant Improvements Allowance available

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Sale OfficeRetail

Downtown Santa Fe Corner Retail/Office

132 E Marcy St, Santa Fe, NM 87501

$4.7M
9,309 SF building
0 ac

Real Estate Advisors, LLC is pleased to offer for sale 132 East Marcy Street, a two-story masonry office and retail building with a full finished basement at the southwest corner of East Marcy Street and Otero Street in Downtown Santa Fe. The building contains approximately 9,309 SF of net rentable area on a 0.49-acre corner site with frontage on three streets and 36 on-site surface parking spaces, one of the largest private parking fields in the downtown core. Located two blocks from the historic Santa Fe Plaza, the property is surrounded by City Hall, the Santa Fe Community Convention Center, galleries, hotels, restaurants, and the government and professional office corridors of Lincoln and Washington Avenues. BCD (Business Capital District) zoning permits a broad mixture of office, retail, and residential uses, offering flexibility for investors, owner-users, and developers alike. The ground floor office suite of approximately 3,854 SF was most recently leased to a national brokerage franchise, and the building has a long history of stable office and retail tenancy. Current rent roll and operating information are available to qualified purchasers upon execution of a confidentiality agreement. Property is in foreclosure and receivership. Seller has limited knowledge of recent operational history due to receivership. Sale subject to approval by lender, receiver and the court. Approximately 9,309 SF Net Rentable / 10,139 SF Gross Building Area2 Stories Plus Finished Basement0.49-Acre Corner SiteCorners on Marcy, Otero & Nusbaum Streets,Two Blocks from the Historic Santa Fe Plaza36 On-Site Paved Parking Spaces (Approx. 3.9/1,000 SF)Business Capital District (BCD) Zoning allows retail, office, hospitality, residential and more.Masonry Construction Built in 1970Established Office & Retail Leasing History, office leased to Coldwell Banker

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Sale RetailInvestment

Plaza Mercado Santa Fe Shopping Center Investment

116 W San Francisco St, Santa Fe, NM 87501

$18M
60,576 SF building
1 ac

Plaza Mercado is a three-level mixed-use commercial block of approximately 60,576 SF on 0.824 acres in the heart of downtown Santa Fe. The property was assembled from original structures dating to 1890, 1942 and approximately 1960, combined and substantially renovated in 1982 into a single interconnected building with entrances from West San Francisco Street, Galisteo Street and West Water Street.The building is configured as 58 commercial suites, of which 55 are occupied. Suite sizes and configurations vary widely across the three levels and accommodate retail, restaurant, service and office users. Vertical circulation is served by one elevator together with interior stairs. There is no dedicated on-site parking; the property is served by public and private parking in the surrounding downtown district.The property occupies most of the square bounded by West San Francisco Street, Galisteo Street and West Water Street, one half block west of the Santa Fe Plaza. West San Francisco Street is the primary pedestrian retail street of the downtown core, and the block sits within the walking district that serves the Plaza, the Lensic Performing Arts Center, Burro Alley and the Railyard corridor.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.Financial information is confidential and available to qualified purchasers and their brokers. Full block frontage on three downtown streets, half a block from the Santa Fe PlazaApproximately 60,576 square feet on three levels around a skylit central atrium58 commercial suites, 55 occupied, in a mix of retail, gallery, restaurant and office useBCD zoning within the downtown historic overlay, permitting retail, office and residential usesStorefronts open directly to the sidewalk on San Francisco, Galisteo and Water StreetsStructures dating to 1890, combined and substantially renovated in 1982

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Sale Retail

Historic Bandelier House

1005 Paseo De Peralta, Santa Fe, NM 87501

$4.3M
4,342 SF building
1 ac

Rare ownership opportunity in the heart of downtown Santa Fe — the historic Adolph Bandelier House, a 4,342 SF ± adobe gallery building on 0.57 AC ± acres, positioned between the Gerald Peters Gallery and the entrance to Canyon Road. Features exposed vigas, adobe walls, a traditional kiva fireplace, and ceiling heights up to 11 feet. Nine dedicated off-street parking spaces — a scarce combination this close to the Plaza. Flexible RC8AC zoning permits arts related uses, gallery, studio, art furniture, art appraisal, art brokerage, educational, and religious uses. Property is in foreclosure and receivership. Sale subject to lender, receiver and court approval. Rare ownership opportunity in the heart of downtown Santa Fe — the historic Adolph Bandelier House, a 4,342 SF ± adobe gallery building on 0.57 AC ± acres, positioned between the Gerald Peters Gallery and the entrance to Canyon Road. Features exposed vigas, adobe walls, a traditional kiva fireplace, and ceiling heights up to 11 feet. Nine dedicated off-street parking spaces — a scarce combination this close to the Plaza. Flexible RC8AC zoning permits gallery, retail, studio, educational, and religious uses. Sale subject to lender and court approval (foreclosure/receivership).

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