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1608 Cerrillos

Santa Fe, NM 87505
  • $1,400,000
  • STATUS: Active Under Contract
  • ON SITE: 43 Days
  • MLS #: 202201189
Under Contract
UPDATED: 224 min ago
$1,400,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,600
    SQFT
  • $111
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

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.

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© 2022 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. 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 Stephanie Hamilton Real Estate | Bella Tierra New Mexico are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-25T23:52:03.61.
www.mysantafe.net/homes/127629469
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1608 Cerrillos Santa Fe, NM 87505

  • Price: $1,400,000
  • Status: Active Under Contract
  • On Site: 43 Days
  • Updated: 224 min ago
  • MLS #: 202201189
0
Beds
0
Baths
0
½ Baths
0.84
Acres
12,600
SQFT
$111
$/SQFT
Neighborhood:
4S-Sf City Limit Sws
County:
Santa Fe
Area:
4S-Sf City Limit Sws
Property Description
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.
Exterior Features

Access Type Non-Ada Construction BlockBrickFrameMetalOther - See Remarks Extras High VisibilityRetail Frontage Parking Facilities Parking LotPaved Roof Other - See Remarks

Interior Features

Sq Ft Total Building 5000+

Property Features

Authority Santa Fe City Bank Owned No Building Use Hotel/Motel/HospitalityOther - See Remarks Commercial Type Hospitality Electric 3 PhaseElectric - 115VPublic High Speed Available CableOther - See Remarks Lease Type Other - See Remarks Lot Size Source Survey Owner Pays Other - See Remarks Possession Other - See RemarksUpon Funding Seller Will Sell in Entirety Sewage City Tax Year 2021 Taxes 6581.59 Telephone Landline On-Site Tenant Pays Other - See Remarks Terms CashConventional Water City Zoning C-2

Listing provided courtesy of Tai Bixby of Nai Sunvista. © 2022 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


© 2022 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. 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 Stephanie Hamilton Real Estate | Bella Tierra New Mexico are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-25T23:52:03.61.
 
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Stephanie Hamilton Real Estate | Bella Tierra New Mexico
114 La Placita Cir.
Santa Fe NM, 87505