About This Home

This 0-bedroom, 0-bathroom commercial at 3600 Cerrillos Road #1001 in Santa Fe, NM is listed for $261,000 ($196 per sqft). Built in 1995, the home offers 1,332 sqft of living space on a N/A lot.

Key Features

  • Built in 1995

Property Details

#1001
1995
Listing Description

The Lofts in Santa Fe has always been a desirable spot for the Live/Work model, if fact it was conceived for that purpose. As it has matured, the Cerrillos Lofts has a mix of Live/Work, residential, and commercial investment spaces. This ground floor unit has been investment real estate for the current owner.

It is currently occupied by four tenants, each of whom have their own office. Current NOI is roughly $12,263.00 plus utilities. Market info would suggest that each office should lease for about $600 per month, minimum.$28,800 - $10,537 (Taxes, Insurance , and HOA) in expenses with a 7% CAP rate yields approximately $261,000 The leases now are basic

ally on a month to month so a new owner could vacate the current tenants and use it for themselves, should they so desire. It is an end-cap Unit which is nice. The Cerrillos Lofts has ample parking throughout!

Monthly Cost Estimate

$1,396/mo

20% down · 6.5% · 30 years

Principal$189
Interest$1,131
Insurance$76

Estimates only. Actual payments may vary.

Location

3600 Cerrillos Road #1001

Santa Fe, NM 87507

Lofts at Cerrillos

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3600 Cerrillos Road is listed at $261,000 ($196/sqft). The estimated monthly payment is $1,396 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1995.

This property is listed by John Shepler.

JS

John Shepler

License 8936

Agent at Shepler Commercial, LLC

Listed by Shepler Commercial, LLC · Broker phone: 505 9827600

MLS# 202503491· Source: Santa Fe Association of REALTORS®, Inc.· 412 days on PropertySimple

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3600 Cerrillos Road #1001, Santa Fe, NM 87507

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