220 and 224 W Manhattan Ave

$4,499,000

1 of 50

220 and 224 W Manhattan Ave

$4,499,000

Contact Presenting Broker

    Paul Duran

    505.310.5566

    Key Features

    • MLS: 202403121
    • Status: Active
    • Price: $4,499,000
    • Area: 3N-SF City SE North
    • Type: Commercial
    • Acres: 0.55

    About this Property

    The Parador, a boutique hotel with a rich history located in beloved Santa Fe, NM, an internationally prized destination in the Mountain Southwest. The Parador is housed in the remaining parts of what was a 200+ year old farm with a vibrant past, tucked away on West Manhattan and walking distance to the Plaza, Canyon Road and the Railyard District. The hotel offering has 15 rooms, with an additional Gift Shop Building which could be transformed into 2 Luxury Suites or reimagined as a spa or restaurant. The property was lovingly renovated and restored by renowned designers who acquired it in 2018. Care has been taken to respect the building's authenticity, revealing its history while incorporating heirloom quality and contemporary style. The owners have spent the last years renovating, reconstructing and rebranding the assets.The Farmhouse was built at the turn of the 19th-century when New Mexico was still under Spanish rule. The double adobe structure served as a family home for over a century and a half, undergoing its first remodel in the early 1900's with Victorian details added throughout the home. In the 1960's, at the peak of the Rainbow Coalition's gatherings in the surrounding areas, the space became a religious commune at which point the barn and stables were adopted and transformed into living quarters. As a commune, all that were hungry or in need of a bed were welcome. It wasn't until the late 1970's that the second story was added in Northern New Mexico Territorial style; entering into its new life as an inn. The Parador is a wonderful property with a rich history that offers a wonderful opportunity to add more value and operate as a cash flowing hotel.

    Additional Features

    • Type Commercial
    • Days On Market 101
    • UtilitiesElectricity Available
    • Lot FeaturesSplit Possible
    • Water SourcePublic

    Neighborhoods

    Santa Fe City Southeast

    Santa Fe's Historic EastsideWith some homes dating back centuries, these neighborhoods boast some of Santa Fe's most photographed adobe homes and gardens. Hosting a mix of multi-generational families and newcomers, the homes, often hidden behind high walls and accessed by narrow, dirt lanes, recall the city's early history and lend…

    Schools

    Listing Brokerage

    IDX listing

    Leslie Gallatin-Giorgetti

    Keller Williams Realty

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