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Restaurant - Bar - Shops 233 Canyon Rd 4,600 SF Retail Building Santa Fe, NM 87501 $2,300,000 ($500/SF)
INVESTMENT HIGHLIGHTS
- A++ Location on Gallery Row - Huge Pedestrian area
- Very easy value-add to huge upside w/new Restaurant and Shops
- 258 feet of frontage on Canyon Road which has its own Shuttle
- Unique opportunity for Coffee/Lunch Spot or Owner-Occupied Use
- 4,600 SF on almost 1/4 AC - Unique Corner Lot
- Huge Outdoor Patio for Restaurant/Bar use/Entertainment
EXECUTIVE SUMMARY
High End Retail/Restaurant/Bar For Sale! This A++ Location on Gallery Row offers a unique opportunity for Coffee/Lunch Spot or Owner-Occupied Use. Very easy value-add to huge upside sporting 4,600 SF on almost 1/4 AC. Canyon Rd offers its own shuttle and the property sports 258 feet of frontage on Canyon Rd. Originally built in 1900, this historic property was completely renovated in 2011. It has a popular coffee/bar/restaurant kitchen space that is included. Given the location in the heart of Canyon Road, and near the only large parking lot, this is ideally located to draw in the crowds since this is a BUSY pedestrian area. It offers a large patio with outdoor seating for that rest between galleries or the restaurant/bar use. This could ultimately be a high-end restaurant or a nice coffee/lunch place with leased gallery and shop space. The sky is the limit!
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
4,600 SF
Building Class
C
Year Built/Renovated
1900/2011
Price
$2,300,000
Price Per SF
$500
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.20 AC
Zoning
RC8AC - Residential Arts & Crafts (historical use is Restaurant/Retail Shops)
Frontage
258’ on Canyon Rd
AMENITIES
- Corner Lot
- Courtyard
- Pylon Sign
- Signage
- Air Conditioning
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 010854784 | Improvements Assessment | $1,510,037 |
| Land Assessment | $710,506 | Total Assessment | $2,220,543 |
PROPERTY TAXES
Parcel Number
010854784
Land Assessment
$710,506
Improvements Assessment
$1,510,037
Total Assessment
$2,220,543
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Restaurant - Bar - Shops | 233 Canyon Rd
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