NM > Santa Fe
Santa Fe, NM 87506,4 Banana LN
$2,300,000
Est. payment /mo
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5 Beds
4 Baths
2,309 SqFt
Active

4 Banana LN Santa Fe, NM 87506

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Ryan Maupin

Ryan Maupin

+1(505) 412-3125

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,309 sqft

Price per Sqft $996

MLS Listing ID 202402097

Style Multi-Level,Pueblo

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1980

Lot Size 2.450 Acres

Acres 2.45

Property Sub-Type Single Family Residence

Property Description

FIRST RIGHT OF REFUSAL (TENANT ON SITE) 11.4% CAP Rate with the potential to increase upon future lease of 4th rental units onsite.(3 of 4 units rented) The tenant lease has annual rent escalations in place. The business is NOT FOR SALE. This is a Real Estate ONLY Offer. This offering includes a well known restaurant with ample indoor and outdoor seating, patio seating with impressive Sangre de Cristo mountain views, as well as 4 residential rental units all on approximately 2.45 acres. The property has 122 parking spots with easy access to Hwy 84/285 in between the Santa Fe/Los Alamos and Espanola corridor with plenty of street frontage. The property is entirely coyote fenced and gated with a well and septic system in place. There is an outdoor kiva fireplace, complemented by flagstone, brick, rock, and a fenced viewing area, perfect for cozy gatherings. Both the interior and exterior are illuminated by Southwestern wall sconces, while numerous skylights and windows provide excellent natural lighting. The floors are laid with Talavera and Saltillo tiles, contributing to the authentic Southwestern ambiance. The location has a high traffic count with many movies being filmed nearby. This is a great opportunity for a land and building investor looking for increasing monthly income.

Location

State NM

County Santa Fe

Zoning C-2

Interior

Interior Features Interior Steps

Heating Forced Air

Cooling Central Air, Refrigerated

Fireplace No

Exterior

Parking Features Carport

Garage Spaces 2.0

Garage Description 2.0

Utilities Available Electricity Available

Water Access Desc Shared Well

Roof Type Foam

Accessibility Not ADA Compliant

Total Parking Spaces 15

Private Pool No

Building

Entry Level Two,Multi/Split

Sewer Septic Tank

Water Shared Well

Architectural Style Multi-Level, Pueblo

Level or Stories Two, Multi/Split

Schools

Elementary Schools Pojoaque

Middle Schools Pojoaque Jr High

High Schools Pojoaque High School

Others

Tax ID 036006464

Acceptable Financing Cash, Conventional, 1031 Exchange, New Loan

Listing Terms Cash, Conventional, 1031 Exchange, New Loan

Santa Fe MLS (SFARMLS)
Listed by Marion "Tray" Rankin • Sotheby's Int. RE/Washington

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agent

Ryan Maupin

Associate Broker | License ID: 52280

+1(505) 412-3125

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4 Banana LN

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