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

Caroline Russell

Caroline Russell
(505) 699-0909
Email Me
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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. Views are scarce here, but

Additional Information

  • Type: Multi/Mixed Use
  • Days On Market: 87
  • Age: 6-10 Years

Listing Brokerage

IDX listing

Benjamin Mohr

Barker Realty, LLC

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.