Commercial Building/Restaurant Use

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30601800
Property Subtypes: Restaurant, Street Retail
Status: Pending/Contingent
Building Size (RSF): 2,298 SF
Sale Price: $850,000
Unit Price: $369.89 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Cheesemongers of Santa Fe
Usable Size (USF): 2,298 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/16/2021

Overview / Comments

This handsome and bright approx 2300 sqft unit fronting on Marcy Street has housed Cheesemongers of Santa Fe for five years with extensive, high-value renovations to convert to specialty food retail use. Improvements include full electric and plumbing upgrades to the front half of the building to allow for a large custom walk-in refrigeration unit, dish station and grease trap, new flooring and decor. There’s a small kitchen at the back of the unit and tandem parking there for up to four vehicles. Skylights flood the front retail space with natural light and add brightness to office and training rooms. Two WCs - storage closet and larger storage room - training room - two office spaces - two further office spaces that have been converted respectively to custom walk-in cooling and dish and mop station. See attached docs for improvement details. Condominium group of three units.

Additional Details

Nearest MSA: Santa Fe
County: Santa Fe
Tax ID/APN: 1054099334231CS0000
Zoning: BCDD
Retail Clientele: Business, Tourist
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,538 40,258 62,337
Median Age: 54.36 48.32 46.21
Households: 4,080 20,560 30,075
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