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Investment Highlights

  • New roof
  • One updated bathroom
  • Turnkey float spa business included - walk in and start earning day one
  • Five flexible-use rooms
  • Excellent parking and easy access from St. Michael’s corridor
  • Adjacent to CHRISTUS St. Vincent Hospital on premier medical corridor

Executive Summary

Just minutes from downtown and adjacent to CHRISTUS St. Vincent Hospital, this beautifully updated commercial property includes the established and respected Grey Matter Float Spa. Grey Matter Float Spa is a fully operational and highly rated wellness center offering float therapy and infrared sauna services. With a strong brand presence and loyal clientele, the business is known for stress relief, pain management, and relaxation. The facility features four float rooms, a Sunlighten infrared sauna, and a peaceful, spa-like atmosphere.

Property Facts

Total Building Size 13,242 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class C
Floors 1
Typical Floor Size 13,242 SF
Year Built 1980
Lot Size 0.31 AC
Parking Ratio 14.11/1,000 SF

Amenities

  • Signage
  • Air Conditioning

1 Unit Available

Unit A

Unit Size 1,417 SF
Price $499,000
Price Per SF $352.15
Condo Use Office
Sale Type Investment or Owner User
Description

Turnkey wellness business + real estate in Santa Fe's premier medical corridor. Ideal for: (1) Float Spa / Wellness Operators - step into a fully equipped, revenue-generating float therapy and infrared sauna business with loyal clientele, top online reviews, and a professional booking system. (2) Healthcare / Medical Professionals - 1,417 SF medical-grade buildout with antimicrobial flooring, advanced HVAC, updated plumbing, and five flexible treatment rooms adjacent to CHRISTUS St. Vincent Hospital. (3) Investors - owner-user or NNN income opportunity at $352/SF with an operating business in place, new roof, and full renovation. Purchase options include building only, building + equipment, or building + business.

Sale Notes

539 Harkle Road, Suite A, Santa Fe, NM 87505 - Turnkey Commercial + Wellness Business Opportunity

WHO THIS PROPERTY IS FOR:

FLOAT SPA / WELLNESS ENTREPRENEUR: Take over a fully operational, highly rated float therapy and infrared sauna business. Grey Matter Float Spa comes with four float tanks, a Sunlighten infrared sauna, extensive client list, professional website, booking system, and top online reviews. Room to expand into massage, skincare, IV therapy, or other wellness modalities. Walk in and start generating revenue on day one.

HEALTHCARE / MEDICAL PROFESSIONAL: 1,417 SF medical-grade office condo with five flexible treatment rooms, antimicrobial flooring, updated plumbing to medical standards, new electrical panel, advanced dehumidifier and filtration systems, and one updated bathroom. Adjacent to CHRISTUS St. Vincent Hospital on Santa Fe's St. Michael's medical corridor. Ideal for physical therapy, chiropractic, dental, dermatology, or specialty practice.

INVESTOR / OWNER-USER: $499,000 for a fully renovated commercial condo with new roof, stucco, windows, HVAC, and water heater. Operating business in place generating income. Parking ratio of 14.11/1,000 SF. Purchase the building only, building + equipment, or building + operating business. Strong NOI potential with minimal deferred maintenance.

PROPERTY HIGHLIGHTS: New roof, stucco, windows, HVAC, electrical panel, water heater. Advanced dehumidifier and filtration system. Antimicrobial flooring and medical-grade plumbing. Five flexible-use rooms plus updated bathroom. Excellent parking and access from St. Michael's Drive. Minutes from downtown Santa Fe. Year built: 1980, fully renovated. 13,242 SF total building, Unit A is 1,417 SF.

FLEXIBLE PURCHASE OPTIONS: Building only. Building + all spa equipment. Building + equipment + operating business (Grey Matter Float Spa). Contact listing broker for details on each option.

Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 36376592

  • Date on Market: 6/24/2025

  • Last Updated:

  • Address: 539 Harkle Rd, Santa Fe, NM 87505

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