309 Johnson Street

$902,000

1 of 28

309 Johnson Street

$902,000

Contact Presenting Broker

    Caroline Russell

    Caroline D. Russell

    (505) 699-0909

    Key Features

    • MLS: 202503210
    • Status: Sold
    • Price: $902,000
    • Area: 1-SF City Limits NE
    • Type: Office
    • Acres: 0.11
    • Sell Date: 11-18-2025
    • Listing Agency: Real Estate Advisors, LLC
    • Selling Agency: Real Estate Advisors, LLC

    About this Property

    Attractive 2 story office investment in downtown Santa Fe. Originally a house built in 1945, previously converted to office space with 8 offices, 2 bathrooms and a wetbar/kitchenette. Wood and tile floors and wooden architectural staircase create a professional, classy feel. Offered fully leased as an investment, below appraised value. BCD Zoning allows for residential, office, retail, restaurant, hospitality and more. Excellent location just a few doors down from the Georgia Okeeffe Museum, Eldorado Hotel, Terra Cotta Restaurant, Santa Fe Cooking School. Two blocks from the Historic Santa Fe Plaza, the Santa Fe River and 4 blocks from the Railyard which can be accessed on the newly rebuilt Guadalupe Street pedestrian corridor. Leased to a stable, long-term tenant, Civitas Resources, an oil exploration company, until November 2026 in New Mexico, the second largest oil producing state in the US after Texas. Tenant has 2 additional renewal terms of 3 years each with regular rent escalations. 4+ paved spaces in the back. Historic status is "noncontributing" and any changes are subject to review by Historic Design Review Board. See offering memo for current financials.

    Additional Features

    • Type Office
    • Days On Market 98
    • Parking FeaturesOn Street
    • Parking Spaces4
    • UtilitiesElectricity Available
    • FlooringTile, Wood
    • Security FeaturesSurveillance System
    • RoofPitched
    • SewagePublic Sewer

    Neighborhoods

    Santa Fe City Northeast

    The Northeast of Santa Fe, within city limits, combines the pleasures of quiet living with the conveniences of location. On every tree-lined street are examples of newer, award-winning architecture and well-established, older adobes. In addition to the famous Plaza, this area includes all the land reaching up to the Jemez…

    Schools

    Listing Brokerage

    IDX listing

    Tai Bixby

    Real Estate Advisors, LLC

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