1189 Parkway Drive A3, Santa Fe, NM 87507
Santa Fe County
Key Facts
Description
The Studios at Parkway is Santa Fe’s newest commercial, industrial, and flex-use condominium development, ideally located in the burgeoning Warehouse and Arts District of Siler/Rufina. Designed to inspire creativity and support growth, the community will total 29 units, with Phase II’s 14 units scheduled for completion in Spring 2026. Already home to thriving businesses including Wild Leaven, F1 Cyclery, and 2Faded Barbershop, The Studios offers durable metal buildings with an industrial aesthetic and contemporary design. Each unit features 1,677 heated square feet with soaring 24-foot ceilings, expansive storefront windows, and roll-up aluminum glass garage doors that flood the interiors with natural light. Thoughtful finishes include polished concrete floors, LED lighting, smooth drywall, and handcrafted steel staircases with oak treads, while provisions are stubbed for kitchens and showers to allow flexible use. Wide sidewalks provide opportunities for seating, shipping, and receiving, and the landscaped grounds create an inviting atmosphere for both visitors and tenants. Zoned I-1, the property accommodates a wide range of uses—from offices and galleries to light industry, wellness studios, and artisan workshops—and with solar-ready rooftops and its location within a Federal Opportunity Zone, The Studios at Parkway presents both a dynamic environment for businesses and a compelling opportunity for investors. Multiple units can be combined together for larger spaces.
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
229
MLS® Listing#
202405119
Property Features
Flooring
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Parcel Number
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
- $736,723
- Median Listing Price
- 76
- Median Days on Market
- 2,259
- Median Sq Ft
- $377
- Median Price / Sq Ft
- 948
- 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 A3, Santa Fe, NM 87507
Getting Around
Points of Interest in Santa Fe, NM
Showing the Santa Fe area map.
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
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 106 Monticello Street, Santa Teresa, NM | $368,000 | 4 | 3 | 1,855 |
| 106 Monticello Street, Santa Teresa, NM | $368,000 | 4 | 3 | 1,855 |
| 214 Bonnie Trail, Santa Teresa, NM | $369,950 | 4 | 3 | 2,050 |
| 1523 Taos Street, Santa Fe, NM | $370,000 | — | — | 1,195 |
| 205 Double Arrow A, Santa Fe, NM | $370,000 | — | — | — |
| 837 MAGNOLIA PARK Street, Santa Teresa, NM | $374,500 | 4 | 3 | 2,086 |
Moving Cost Estimate
EXIT Agents in Santa Fe
Listing Courtesy: Keller Williams Realty - 5059835151