208 Griffin

  • Price: $1,225,000
  • MLS: 202000098
  • Status: Sold
  • Type: Investment
  • Acres: 0.324839
  • Area: 1-SF City Limits NE
  • Total Sqft: 3,800
  • Sell Date: 02-25-2021
  • Listing Agency: Dougherty Real Estate Co. LLC
  • Selling Agency: Santa Fe Properties

Presenting Broker

Tommy Gardner

Tommy Gardner

(505) 919-8819

Email Me

Santa Fe Comm. Real Estate, LLC
64 Amberwood Loop
Santa Fe, NM 87501
Direct: 505-919-8819

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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%

Additional Features

  • Type: Investment
  • Days On Market: 385
  • Age: 31+ Years
  • Floor: Carpeting, Wood
  • Construction: Adobe, Brick
  • Sewage: City
  • Gas: Natural
  • Extras: Fenced Parking, High Visibility, Refrigerated AC, Restrooms, Retail Frontage, Water Heater
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Listing Brokerage

Wm. David Dougherty

Dougherty Real Estate Co. LLC

IDX listing
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.