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$1,400,000
1608 Cerrillos, Santa Fe, NM 87505
0 Beds
0 Baths
12,600 SqFt

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The Western Scene Motel was in operation until several years ago. This is a value-add opportunity to restore the motel, create multifamily apartments, short term rentals or completely redevelop for other commercial uses. C-2 zoning allows for up to 3 story construction and a broad range of commercial uses including retail, office, restaurant, residential, apartments, hospitality, medical/dental, and more. Demand for rental housing remains strong in the Santa Fe area. This location is convenient to grocery, education, financial services, restaurants, dry-cleaning, and shopping with a walk score of 71. The seller is a special administrator appointed by District Court for this court-ordered sale. Terms of sale are subject to court approval. This property has deferred maintenance and is need of of updating and repairs. This property is offered for sale “as-is”.
  • Price:
  • $1,400,000
  • Square Footage:
  • 12,600
  • Acreage:
  • 0.84
  • Listing ID #:
  • 202201189
  • Street Address:
  • 1608 Cerrillos
  • City:
  • Santa Fe
  • State:
  • New Mexico
  • Postal Code:
  • 87505
  • County:
  • Santa Fe
  • Community:
  • Santa Fe
  • Subarea:
  • 4s-Sf City Limit Sws
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Construction Description:
  • Brick, Block, Frame, Metal Siding, Other
  • Features:
  • Storefront
  • Total Building Square Footage:
  • 12600
  • Type Of Roof:
  • Other, See Remarks
  • Business Type:
  • Hotel/Motel, Other, Hospitality
  • Approximate Lot Size Range Source:
  • Survey
  • Conforms To Zoning:
  • C-2
  • Lot Size:
  • 0.84
  • Lot Square Footage:
  • 36590
  • Suitable Use:
  • Hotel/Motel, Other, See Remarks
  • Zoning Description:
  • C-2 Zoning
  • Days On Market:
  • 61
  • On Market Date:
  • 2022-04-12
  • Originating Mls:
  • Sfaor
  • Terms:
  • Cash, Conventional
  • Owner Pays:
  • Other, See Remarks
  • Property Taxes:
  • $6,581
  • Tax Year:
  • 2021
  • Tenant Pays:
  • Other, See Remarks
  • Parking Description:
  • Paved, Parking Lot
  • Electricity:
  • 3 Phase
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • High Speed Internet Available, Other, Electricity Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Tai Bixby of Nai Sunvista
  • NMSANTAFE

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