$1,225,000

208 Griffin

Santa Fe NM, 87501

Description

Main building with approximately 3,187 SF is historic and leased to Santa Fe Chamber Music Festival. Second building is leased for office purposes. Lovely property with income and unlimited potential as the area changes with creation of new County Complex, possible expansion of Georgia O'keeffe and renovation of "White Building". Current rent on larger building below market and ripe for adjustment when lease concludes. Current CAP rate is 4.5%

Details

MLS#202000098
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site367

Features

SQ Feet3,800
Story(s)1
ZoningBCDD
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Area Information
StateNM
CountySanta Fe
CitySanta Fe
Zip Code87501
Area1-SF City Limits NE
Listing VS Median (in 87501)
Price:
$1,225,000
low | high
Med:
$497,250
100% of Average
SqFt:
3,800
low | high
Med:
1,440
100% of Average
$ / SqFt:
$322
low | high
Med:
$380
32.211184649158% of Average
On Site:
367
low | high
Med:
93.500000
100% of Average
Listing Updated: January 15, 2021 8:09:00 PM PST
Wm. David Dougherty LogoMLS Number: 202000098
Listing Provided By:
Wm. David Dougherty  of  Dougherty Real Estate Co. LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Santa Fe Association of REALTORS