The property and site of one of the most popular nurseries in New Mexico is being listed for sale for $15 million.
Headquartered at 715 Saint Michaels Drive, the Payne’s Nursery and Greenhouses has been an industry mainstay since 1952, providing customers with a wide variety of plants, bushes, and trees.
The listing includes three properties: Payne’s North, at 304 Camino Alire, which features a main building, greenhouse, and annex, among other structures; and Payne’s South, at 715 St. Michaels Drive in mid-town Santa Fe, with a large retail store, storage room, and three greenhouses.
The third property is officially called Payne’s Organic Soil Yard, on the south side of Santa Fe at 1620 Agua Fria, a site that includes a main building, storage facility, and well.
The total land area for the three properties comes in at just under 9.2 acres, and is being listed for sale by the owner, Lynn Payne.
By Garry Boulard
