USANMSanta FeLofts at Cerrillos1001-3600 Cerrillos Rd
Listing image | Image 1

1001-3600 Cerrillos Rd, Santa Fe, NM

House

For Sale

Listed price in listed location currency (USD).
$261,000

000

MLS® 202503491

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 292
Lot Size 0 Acres
Approx. Age 1995
MLS® Number 202503491

Property Address: 1001-3600 Cerrillos Rd, Santa Fe, NM, 87507-2688

Average square foot calculated using Size range provided by listing agent.

Description

The Lofts in Santa Fe has always been a desirable spot for the Live/Work model, if fact it was conceived for that purpose. As it has matured, the Cerrillos Lofts has a mix of Live/Work, residential, and commercial investment spaces. This ground floor unit has been investment real estate for the current owner. It is currently occupied by four tenants, each of whom have their own office. Current NOI is roughly $12, 263.00 plus utilities. Market info would suggest that each office should lease for about $600 per month, minimum.$28, 800 - $10, 537 (Taxes, Insurance , and HOA) in expenses with a 7% CAP rate yields approximately $261, 000 The leases now are basically on a month to month so a new owner could vacate the current tenants and use it for themselves, should they so desire. It is an end-cap Unit which is nice. The Cerrillos Lofts has ample parking throughout!
MLS® Number202503491
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1995
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 29, 2025List Date
$261,000List Price
  • Commute

Commute

Starting Address
Destination Address
3600 Cerrillos Rd, Santa Fe, NM

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