1226 FLAGMAN WAY, SANTA FE, NM 87505-1127

Rare contemporary cargotecture in the heart of the Santa Fe Railyard – Baca District. 1226 Flagman Way is a 5,182± SF two-story commercial building constructed from steel intermodal shipping containers and comprehensively expanded and renovated between 2022 and 2025. Features include an interior elevator, three separate electric meters allowing operation as one, two, or three independent units, a self-contained studio apartment with dedicated HVAC, three full restrooms plus a ¾ bath, two cisterns, and upgraded fire and security systems. Located within the Railyard Master Plan’s Baca District, the property is within walking distance of SITE Santa Fe, the Santa Fe Farmers Market, Violet Crown Cinema, Second Street Brewery, El Museo Cultural, and the Rail Runner station. The offering consists of the leasehold interest together with ownership of all improvements. The ground lease commenced February 2008 with an initial 50-year term plus four 10-year extension options, providing a potential lease horizon through 2098. Ground rent + CAM $3532/mo. Ideal for a gallery, design studio, creative office, boutique commercial user, live-work owner, or investor seeking a distinctive property in one of Santa Fe’s most sought-after districts.