For Sale
$1,490,000

1939 Warner CirSanta Fe, NM 87505

Prime location, high occupancy, two units.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Santa Fe commercial property, located at 1939 Warner Cir, 87505, presents a compelling investment opportunity. The 5,625 square foot building, constructed in 1985, sits on a 20,257 square foot lot and boasts 100% occupancy across its two units. The property is a mixed-use structure, encompassing creative office and storefront spaces, currently operating under a modified lease agreement with a one-year remaining term. Suite A, leased for $4,750 per month, features a large open showroom, two private offices, open work areas, one bathroom (with potential for a second), and a spacious garage area convertible to additional storage or office space. Access to a fully fenced outside storage yard is provided via two overhead rolling doors and loading docks. Suite B, currently owner-occupied, includes a reception/storefront area, two bathrooms, a small kitchen, three private offices, two open meeting areas, and two private workspaces. A sizable central open work area offers flexible space with privacy doors. The property includes 16 parking spaces and convenient access to St. Michaels Dr. The asking price is $1,490,000 ($264.89/sq ft). A comprehensive list of improvements is available. This property offers a blend of strong location and diverse leasing potential, making it an ideal investment.

Highlights

  • 1939 Warner Cir, Santa Fe, NM 87505: 5,625 SF mixed-use building on a 20,257 SF lot.
  • 100% occupied, two units; modified lease, one year remaining.
  • Asking price: $1,490,000 ($264.89/SF).
  • Suite A: 4,750/month, showroom, offices, work areas, garage, fenced yard access.
  • Suite B: Reception/storefront, offices, meeting areas, kitchen, two bathrooms.
  • 16 parking spaces; convenient St. Michaels Dr. access.

Property Details for 1939 Warner Cir

Property type
Retail properties, Office properties
Square Feet
5,625 SF
Year Built
1985
Buildings
1
Stories
1
Units
2

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.6574962
Longitude
-105.9666703
1939 Warner Cir, Santa Fe, New Mexico

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1939 Warner Cir
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