304 Johnson, Santa Fe, NM 87501
- 3,726 sqft
Commercial Property 
Built in 1900 
10,454sqft lot
—— car garage 
$349/sqft 
Listed 2 months ago
Property Description
Since 2013, the property has been home to Terracotta Wine Bistro, a well-established and highly regarded restaurant known for its award-winning cuisine and curated wine list. The restaurant’s success and reputation have contributed to a stable, long-term commercial tenancy that provides consistent income. Their continued presence not only adds credibility and vibrancy to the property but also ensures a level of operational continuity that appeals to investors seeking dependable returns. The property presents a compelling value-add opportunity through the conversion of its long-term residential rental units into short-term hospitality accommodations. With Santa Fe’s strong tourism market, short-term rentals command significantly higher rates, offering the potential for increased cash flow. Additionally, an underutilized garage space could be converted into heated square footage, potentially allowing for the addition of a third studio unit. These upgrades would enhance both the income potential and overall value of the property.
- Listing Status:
- Active
- Date Added:
- May 21, 2025 at 05:00AM
- Listing Office:
- Real Estate Advisors, LLC : (505) 539-3200
- Listing Agent:
- Jacob Rocker : (505) 226-3929
- MLS ID:
- 202502254
- Parking: Parking Available
This listing courtesy of Jacob Rocker, Real Estate Advisors, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Carlos Gilbert Elementary School
300 Griffin St, Santa Fe, NM, 87501
Grades KG-6
0.19 miles away
Gonzales Elementary School
851 W Alameda St, Santa Fe, NM, 87501
Grades KG-8
0.75 miles away
Mandela International Magnet (Mims)
1604 Agua Fria St, Santa Fe, NM, 87505
Grades 7-12
1.87 miles away
