16
Feb
Bids wanted for Downtown Santa Fe inn property
The state land commissioner is starting round two for bids for the Garrett’s Desert Inn property in Santa Fe.
On Friday, Commissioner Aubrey Dunn announced he is on the hunt for a developer again for the 2.72 acres at 311 Old Santa Fe Trail.
The deadline to submit sealed bids is April 16 and the bids will be opened April 23.
The minimum base rent is set at $18,750 a month or $225,000 per year, according to the release, which cited the long-term business lease.
“This property is a tremendous…
Source: Arizona Business Journal
