About 417 E Palace Avenue
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.
Features of 417 E Palace Avenue
| MLS® # | 202603129 |
|---|---|
| Price | $1,875,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,962 |
| Year Built | 1950 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 417 E Palace Avenue |
|---|---|
| Area | 1-SF City Limits NE |
| City | Santa Fe |
| County | Santa Fe |
| State | NM |
| Zip Code | 87501 |
Amenities
| Utilities | Electricity Available |
|---|---|
| Parking | Parking Available |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | July 16th, 2026 |
|---|---|
| Days on Market | 21 |
| Zoning | BCD,Historic |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Dermot O. Monks |
|---|---|
| Office | Corcoran Plaza Properties |