500 Market Street

1 of 4
  • Price: $11,500,000
  • MLS: 201704163
  • Status: Active
  • Class: Commercial
  • Type: Multi/Mixed Use
  • Area: 3N-SF City SE North
  • Total Sq. Ft: 63955

Presenting Broker

Alan & Anne Vorenberg

Alan & Anne
(505) 470-3118
Email Us
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Property Description

COURT ORDERED SALE! AUCTION DATE SET FOR 11/7/17! Market Station at The Santa Fe Railyard! Rare investment opportunity in historic Santa Fe Railyard District. Prime location adjacent to the Railrunner train depot. Centerpiece of 50-acre master planned Railyard district. Attractive, modern architecture. Marquee anchor tenant: REI. Anticipated starting bid: $11,500,000. Current net operating income: $513,480/yr. Construction is steel frame and cast concrete with steel trusses. Land lease: 50-year initial term expires 9/30/57; four 10-year renewal options. Selling 4 condo units (1,3,4,6). Parking: 444 City-owned public spaces available (404 in parking garage, 40 surface). http://www.500marketstreet.com

Neighborhood Info

Santa Fe City Southeast

Santa Fe’s Historic Eastside
With some homes dating back centuries, these neighborhoods boast some of Santa Fe’s most photographed adobe homes and gardens. Hosting a mix of multi-generational families and newcomers, the homes, often hidden behind high walls and accessed by narrow, dirt lanes, recall the city’s early history and lend Santa Fe a unique heritage.

Additional Information

  • Type: Multi/Mixed Use
  • Days On Market: 92
  • Age: 6-10 Years

Listing Brokerage

IDX listing

Barker Realty, LLC

Benjamin Mohr

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.