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1189 Parkway Drive B3, Santa Fe, NM 87507

Santa Fe County

Key Facts

1,587Sq Ft
2025Year Built
0.04Lot (acres)

Description

The Studios at Parkway Phase 2, currently under construction, is Santa Fe’s newest commercial, industrial, and flex-use condominium development in the thriving Siler/Rufina Warehouse, Art & Innovation District. Designed with an industrial aesthetic, The Studios offer open, light-filled spaces with contemporary touches that create an inspiring environment for business. Each unit spans nearly 1,677 square feet, including 1,587 square feet of interior space ("walls in"), and features tall ceilings, large aluminum glass roll-up garage doors, expansive storefront windows, and finished concrete floors. Inside, you’ll find LED lighting, handcrafted steel staircases with wood treads, and smooth drywall finishes. The ground floor encompasses 1,092 square feet, while the second story adds 584 square feet. These units are designed with flexibility in mind, with an option for Live-Work as an accessory to commercial use. Each unit has separately metered utilities, kitchen-ready hookups, a designated area for a shower, and thoughtfully landscaped grounds tailored for shipping and receiving. Zoned I-1, these state-of-the-art condominiums are suitable for a range of uses, from offices, galleries, and artist studios to warehouses, wellness businesses, and light industry. Additionally, the roof is prepared for solar PV installation, and the property is located in a Federal Opportunity Zone.

Property Information

Property Type

Commercial Sale

Sub-Type

Retail

Year Built

2025

Living Area

1,587 sq ft

Lot Size

0.04 acres

Zoning

I-1

Days on Market

129

MLS® Listing#

202405135

Property Features

Flooring:
Concrete
Parking:
Parking Lot
Construction:
Metal Siding
Roof:
Metal
Utilities:
Electricity Available
Sewer:
Public Sewer
Water Source:
Public

HOA & Tax

Parcel #:
99312398

Affordability Calculator

$105,000

Estimated monthly payment

$2,794/mo

Principal $420,000 · Est. interest $585,937 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Santa Fe, NM

$735,393
Median Listing Price
75
Median Days on Market
2,256
Median Sq Ft
$375
Median Price / Sq Ft
951
Active Listings
  • This home’s price is 29% below the area median.
  • Its price per sq ft is 12% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Santa Fe, NM.

Location

  • 1189 Parkway Drive B3, Santa Fe, NM 87507

Walk Score

Walk
Bike

Somewhat Walkable

Walk Score details ↗

Nearby Schools

  • Agua Fria Elementary School

    Elementary · 0.3 mi away

  • Kearny Elementary

    Elementary · 1.0 mi away

  • Nava Elementary School

    Secondary · 1.1 mi away

  • Salazar Elementary

    Elementary · 1.1 mi away

  • Harvest Baptist Church

    Elementary · 1.5 mi away

  • De Vargas Middle

    Elementary · 1.6 mi away

  • Santa Fe High School

    Secondary · 1.6 mi away

  • Santa Fe Indian School

    Secondary · 1.8 mi away

  • Pinon Elementary School

    Elementary · 1.8 mi away

  • Early College Opportunities School

    Secondary School · 1.9 mi away

  • Larragoite Elementary School

    Elementary · 2.0 mi away

  • Mandela International Magnet School - Pta

    Secondary · 2.0 mi away

  • New Mexico Connections Academy

    School · 2.0 mi away

  • Santa Fe Public School

    School · 2.0 mi away

  • Chaparral Elementary School

    Elementary · 2.0 mi away

  • Growing Up Montessori School

    Elementary · 2.0 mi away

  • Contemporary Alexander School

    School · 2.1 mi away

  • Ramirez Thomas Elementary School

    Elementary · 2.2 mi away

  • Santa Fe Christian Academy

    School · 2.3 mi away

  • Monte del Sol Charter School

    Secondary · 2.4 mi away

Commute Calculator

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Nearby Homes

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Moving Cost Estimate

EXIT Agents in Santa Fe

Listing Courtesy: Keller Williams Realty - 5059835151

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SantaFeAssociationOfRealtors. MLS® Listing#202405135. © 2026EXIT Realty®. All rights reserved.