200 West DeVargas Unit 8

$1,200,000

1 of 35

200 West DeVargas Unit 8

$1,200,000

  • 4718 sqft

Contact Presenting Broker

    Bell Tower

    505.670.9486

    Key Features

    • MLS: 202004653
    • Status: Sold
    • Price: $1,200,000
    • Area: 1-SF City Limits NE
    • Type: Office
    • Total Sqft: 4,718
    • Sell Date: 05-13-2021
    • Listing Agency: Sotheby's Int. RE/Grant II
    • Selling Agency: Sotheby's Int. RE/Grant

    About this Property

    Excellent investment opportunity! Beautifully remodeled office building in Downtown Santa Fe with an automatic three-year leaseback for half of the property. Professional downtown offices bordering the Santa Fe River and conveniently located within walking distance to the Santa Fe Plaza, District Courthouse, State Capitol Building, and the Railyard. The building is comprised of two separate levels that can operate together or independent of one another, if necessary, to accommodate multiple businesses/tenants. The lower level includes 2,268 square feet which includes an elegant conference room; a reception area; a break room/kitchenette; one bathroom; a mail room; two private offices; and a large workspace that can accommodate multiple cubicles. The current owners plan to leaseback the lower unit for $3,000/month for a minimum of three (3) years, with a renewal option. The upper level includes 2,350 square feet with two stairways; Sangre de Cristo mountain and downtown views; 2 kiva fireplaces; 6 private offices; 2 bathrooms; a break room/kitchenette; and a common work space that can also be used as a meeting space. The offices were remodeled in 2016 with numerous upgrades, including: interior/exterior paint; the addition of 7 mini-split units; roofing repairs; new carpet in the second-floor unit; and the addition of a security gate for protected access to the second-floor unit. The property has ample parking available with 16 parking spaces located in the shared parking.

    Additional Features

    • Type Office
    • Days On Market 167
    • Parking FeaturesOff Site, Paved, Parking Lot
    • AppliancesWater Heater
    • UtilitiesHigh Speed Internet Available, Electricity Available
    • HeatingNatural Gas
    • FlooringCarpet
    • Security FeaturesSecurity System
    • Construction MaterialsAdobe, Frame
    • RoofFlat
    • Other StructuresStorage
    • Water SourcePublic
    • 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

    Tara Mowbray

    Sotheby's Int. RE/Grant II

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