1400 Maclovia Ln - Office/Residential FOR SALE


Santa Fe, NM 87505- Southwest Santa Fe
$1,200,000 USD
505-310-5566
1400 Maclovia Ln, Santa Fe, NM for Sale
$1,200,000 USD
Office/Residential - FOR SALE
1/44
null | Request Cap Rate

1400 Maclovia Ln
Santa Fe, NM 87505
Southwest Santa Fe


OVERVIEW

Located in the heart of Santa Fe, this well-maintained commercial property offers a unique investment opportunity with a blend of office and residential space. The building features six rental units, including four offices and two apartments (one currently utilized as office space), offering versatility for a variety of tenants and uses. The property boasts durable concrete block construction for both exterior and select interior walls, with an insulated interior frame, ensuring long-lasting quality and energy efficiency. The expansive 600+ sq. ft. breezeway with charming brick flooring provides a welcoming, shaded space for tenants and visitors alike. Wrought iron grillwork secures the property for peace of mind. The spacious apartment—ideal for an owner’s suite—includes two bedrooms, high ceilings, mini-split heating and cooling units, and ample storage. This private, comfortable living space is perfect for those looking to live and work in Santa Fe's vibrant downtown area. Currently, there are two long-term, reliable tenants occupying the property, with one leasing three units and the other two, both of whom have been in place for several years. The building also offers generous parking, including two designated spots for the apartment, ensuring convenience for tenants and guests. Whether you’re looking for a lucrative investment or a live-work space in a prime location, this property is an exceptional opportunity in the heart of Santa Fe.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,083 SF

ZONING

C-2

APN/PARCEL ID

012148460

ASK ABOUT THIS PROPERTY

Paul DuranKeller Williams RealtyMore Info
505-310-5566

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Paul DuranKeller Williams RealtyMore Info
505-310-5566

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.