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3600 Cerrillos Road 1001

$261,000

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…

Key Features

MLS: 202503491

List Date: 09-15-2025

Status: Active

Area: Southwest City, South

Type: Office

Presented By

Cindy Sheff

Cindy Sheff

505.470.6114

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 basically 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!

Additional Features

Days on Market:23

Property Type:Commercial Building

Property Sub Type:Office

Security Features:Surveillance System

Subdivision:Lofts at Cerrillos

Zoning:C-2

About the Neighborhood

Southwest Santa Fe Homes & Land for Sale

Southwest Santa Fe is a shoppers paradise with Target, the Santa Fe Place Mall, Total Wine, several groceries and specialty food shops, Hobby Lobby, Sam’s Club, Super Walmart, Cost Plus World market, PetSmart, Lowes and more. An eclectic mix of chain restaurants and wonderful local favorites abound, such as Puerto Peñasco, the Santa Fe Capitol Grill, El Comal and Horseman’s Haven.

Schools

Listing Brokerage

IDX listing

John Shepler

Shepler Commercial, LLC

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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.

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