Santa Fe, NM 87508,4 N Chamisa
Santa Fe, NM 87508,4 N Chamisa
Santa Fe, NM 87508,4 N Chamisa
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$1,750,000
Est. payment /mo
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2.09 Acres Lot
Active

4 N Chamisa Santa Fe, NM 87508

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Ryan Maupin

Ryan Maupin

+1(505) 412-3125

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202505344

HOA Y/N No

Year Built 1997

Annual Tax Amount $6,072

Tax Year 2024

Lot Size 2.090 Acres

Acres 2.09

Property Sub-Type Mixed Use

Property Description

Turnkey Arts + Residential Investment Opportunity in Eldorado. Offered at $1,750,000 with a current 5.5% CAP rate and projected 7.7% CAP rate for 2026, this extensively renovated 4,815 SF mixed-use property sits on 2.09 acres with direct access and high visibility along U.S. Highway 285, a major corridor carrying an estimated 30,000–55,000 vehicles daily. The building is currently home to the Jen Tough Gallery and includes five contemporary short-term rental apartments and four private art studios, all designed for visiting artists seeking one-week to one-month residencies.
This turnkey creative campus has generated approximately $8,000 per month in actual income, with nearly 80% of 2026 already booked and a projected 2026 income of approximately $14,000 per month. The property offers multiple revenue streams through short-term lodging, studio rentals, and gallery events.
The 2.09-acre site provides exceptional parking, signage exposure, and future expansion potential for additional studios, casitas, or outdoor sculpture gardens. Seller financing is available to a qualified buyer, adding flexibility and attractive entry into Santa Fe's thriving arts, hospitality, short-term rental market, boutique hotel, and potential restaurant space.

Location

State NM

County Santa Fe

Community High Traffic Location

Zoning Other

Interior

Cooling Refrigerated

Fireplace No

Exterior

Parking Features Parking Available, Parking Lot

Community Features High Traffic Location

Utilities Available Electricity Available

Water Access Desc Community/Coop

Roof Type Bitumen,Flat,Membrane

Present Use Other

Total Parking Spaces 13

Private Pool No

Building

Sewer Septic Tank

Water Community/Coop

Others

Tax ID 129209977

Security Features Surveillance System

Acceptable Financing Cash, Conventional, 1031 Exchange, New Loan, Owner Will Carry

Listing Terms Cash, Conventional, 1031 Exchange, New Loan, Owner Will Carry

Special Listing Condition Standard

Santa Fe MLS (SFARMLS)
Listed by Mark Rochester • Berkshire Hathaway HomeService

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Ryan Maupin

Ryan Maupin

Associate Broker | License ID: 52280

+1(505) 412-3125

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4 N Chamisa

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