# 132 Marcy Street E, Santa Fe, NM 87501

> **TL;DR:** commercial, $4,650,000 ($406/sqft), built 1970, 11,455 sqft. Est. $24,869/mo. Listed 81 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,650,000 |
| Price/sqft | $406 |
| Square Feet | 11,455 |
| Year Built | 1970 |
| Lot Size | 21,344 sqft (0.49 acres) |
| Property Type | Commercial (Retail) |
| Status | Active |
| Days on Market | 81 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $23,513 |
| Estimated Insurance | $1,356 |
| **Total** | **$24,869** |

## Property Highlights

- Built in 1970
- 0.49 acre lot
- 36 parking spaces

## Description

### Agent Description
Real Estate Advisors is pleased to offer for sale 132 East Marcy Street, a two story masonry office and retail building with a full finished basement at the southwest corner of East Marcy Street and Otero Street in Downtown Santa Fe. The building contains approximately 11,455 SF of net rentable area on a 0.49 acre corner site with frontage on three streets and 36 on-site surface parking spaces, one of the largest private parking fields in the downtown core. The offering combines in-place income with immediate upside. The ground floor office suite of approximately 3,854 SF is leased to a national real estate brokerage. The front suite consisting of 1,820 sf of retail, 1,342 sf of 2nd floor office and 4,439 sf of basement space is vacant, offering immediate lease up upside or a prime owner user opportunity with income in place. Located two blocks from the historic Santa Fe Plaza, the property is surrounded by City Hall, the Santa Fe Community Convention Center, galleries, hotels, restaurants, and the government and professional office corridors of Lincoln and Washington Avenues. BCD, Business Capital District, zoning permits a broad mixture of office, retail, and residential uses, offering flexibility for investors, owner users, and developers alike. Full lease, rent roll, and operating information are available to qualified purchasers upon execution of a confidentiality agreement. Cooperating brokers welcome. Information deemed reliable but not guaranteed, buyer to verify. Property is in foreclosure and receivership, sale is subject to bank approval.

## Location

- **Address:** 132 Marcy Street E, Santa Fe, NM 87501
- **County:** Santa Fe
- **Coordinates:** 35.6882946, -105.935488
- **Google Maps:** https://www.google.com/maps?q=35.6882946,-105.935488

## Listing Agent

- **Name:** Tai Bixby · **License:** 40315
- **Brokerage:** Real Estate Advisors, LLC
- **Broker Phone:** (505) 539-3200

## Photos

![132 Marcy Street E - Photo 1](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f2619262074r.jpg)

![132 Marcy Street E - Photo 2](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f941768441r.jpg)

![132 Marcy Street E - Photo 3](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f3262633472r.jpg)

![132 Marcy Street E - Photo 4](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f2711191499r.jpg)

![132 Marcy Street E - Photo 5](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f3271470263r.jpg)

![132 Marcy Street E - Photo 6](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f3673526124r.jpg)

![132 Marcy Street E - Photo 7](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f182283373r.jpg)

![132 Marcy Street E - Photo 8](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f3480120215r.jpg)

![132 Marcy Street E - Photo 9](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f3155483472r.jpg)

![132 Marcy Street E - Photo 10](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f4138125561r.jpg)

![132 Marcy Street E - Photo 11](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f1888919200r.jpg)

![132 Marcy Street E - Photo 12](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f4264249555r.jpg)

![132 Marcy Street E - Photo 13](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f844113392r.jpg)

![132 Marcy Street E - Photo 14](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f3193786228r.jpg)

![132 Marcy Street E - Photo 15](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f449734684r.jpg)

![132 Marcy Street E - Photo 16](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f2451889310r.jpg)

![132 Marcy Street E - Photo 17](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f854706503r.jpg)

![132 Marcy Street E - Photo 18](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f1797931292r.jpg)

![132 Marcy Street E - Photo 19](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f4180416946r.jpg)

![132 Marcy Street E - Photo 20](http://lh.rdcpix.com/07f397b06b146aa423f0c66349b96ffbl-f1349661680r.jpg)

---

**MLS#:** 202603580 | **Updated:** 2026-10-21
**Source:** listhub

*Copyright © 2026 Santa Fe Association of REALTORS&#174;, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/132-marcy-street-e-santa-fe-nm-87501-6e0d3493e2d641f4af96112d1ae80440)

---

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