Skip To Content

417 Palace Avenue

Santa Fe, NM 87501
  • $1,875,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 202603129
UPDATED: 117 min ago
$1,875,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,962
    SQFT
  • $633
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Historic downtown Santa Fe building--BCD Zoning--Investment Opportunity- Fully leased Office Condominiums. Exceptional investment opportunity featuring 11 fully leased office condominiums with long-term AAA tenants providing stable income. For buyers seeking owner occupancy, select tenants are open to early lease termination, offering potential immediate availability. Originally constructed in the 1950s and recently renovated, the property offers ample parking and well-maintained common amenities, including a galley kitchen, conference room and shared restrooms. An ideal opportunity for investors or owner-users seeking flexibility in a well-established, professionally maintained property.

Monthly Payment Calculator



Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-08-10T23:51:32.863.
www.theverybestofsantafe.com/homes/178895193
Print Image

417 Palace Avenue Santa Fe, NM 87501

  • Price: $1,875,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 117 min ago
  • MLS #: 202603129
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,962
SQFT
$633
$/SQFT
1950
Built
Neighborhood:
1-Sf City Limits Ne
County:
Santa Fe
Area:
1-Sf City Limits Ne
Property Description
Historic downtown Santa Fe building--BCD Zoning--Investment Opportunity- Fully leased Office Condominiums. Exceptional investment opportunity featuring 11 fully leased office condominiums with long-term AAA tenants providing stable income. For buyers seeking owner occupancy, select tenants are open to early lease termination, offering potential immediate availability. Originally constructed in the 1950s and recently renovated, the property offers ample parking and well-maintained common amenities, including a galley kitchen, conference room and shared restrooms. An ideal opportunity for investors or owner-users seeking flexibility in a well-established, professionally maintained property.
Exterior Features

Garage YN No Parking Features Parking Available

Interior Features

Basement YN No Fireplace YN No

Property Features

Business Type Professional / Office Disclosures Lead Based Paint Disclosure Lease Considered YN No Listing Terms Cash Conventional1031 Exchange New Loan Owner Pays Roof Maintenance Possible Use Office Property Sub Type Office Property Sub Type Additional Office Sale Or Lease Indicator For Sale Special Listing Conditions Standard Utilities Electricity Available Water Source Public Zoning BCD Historic

Santa Fe Association of Realtors logo Listing provided courtesy of Dermot Monks of Corcoran Plaza Properties: (505) 982-4466. © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2026 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-08-10T23:51:32.863.
 
https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_2_202603129-2.jpg https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_2_202603129-2.jpg https://bt-photos.global.ssl.fastly.net/santafe/1280_boomver_2_202603129-2.jpg
Logo
The Very Best Santa Fe Team - Keller Williams
130 Lincoln Avenue, Suite K
Santa Fe NM, 87501