Santa Fe Commercial Space
135 Palace Santa Fe, NM 87501
135 Palace, Santa Fe, NM, 87501
Contact for pricing
For Lease
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COMMERCIAL - Santa Fe, NM
Property Size21,561 SF
Lot Size0.26 Acres
Days on Market2484
Property Features for 135 Palace
General Information
- Property type
- Commercial Lease
- Property subtype
- Retail
- Zoning
- BCD
- Parking features
- On Street
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 10473600
- Size
- 21,561 SF
- Lot size
- 0.26 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1988
- Flooring type
- Concrete
- Building materials
- Frame, MetalSiding, Concrete
- Roof type
- Flat
Listing Agency
Shepler Commercial, LLC
(505) 982-7600
301 N Guadalupe, Suite 205, Santa Fe, NM
Listed by
John Shepler · License #8936
(505) 660-5650
Added: Oct 3, 2019 Updated: Apr 15 at 9:33 am Checked: Jul 21 at 1:06 am
MLS# 201904546
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Palace Court Building, constructed in 1988, is located at 135 W. Palace Avenue in Santa Fe, New Mexico. Situated on a corner location at Palace and Grant Avenues, the property is a couple of blocks west of the Santa Fe Plaza and next door to the Georgia O'Keeffe Museum, which is currently under construction. The building has a total size of 21561 square feet and sits on a 0.26-acre lot. Historically, the first and second floors have housed galleries and other retailers, while the third floor has been occupied by restaurants and nightclubs. There are three suites available on the second level, measuring 1389 sq ft, 1314 sq ft, and 720 sq ft. The entire third floor has been leased to a restaurant, with occupancy scheduled for January 2026. The property is zoned BCD.
Key Highlights
- Highly visible corner location at Palace and Grant Avenues, near Santa Fe Plaza.
- Next door to the new $75M Georgia O'Keeffe Museum.
- Entire third floor leased to a restaurant (Jan 2026).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fiesta Oaxaca
Restaurant
New Mexico Association ...
Charitable Organization
Tumbleroot Pottery Pub
Bar & Pub
FedEx Drop Box
Postal Service
GemStone Art at Xanadu ...
Art Gallery
Similar For Rent Nearby
FAQs
What type of property is this?
Specialty property - Prime commercial spaces for lease in Santa Fe, New Mexico.
Where is this specialty property located?
The property is located at 135 Palace Santa Fe, NM.
What are key features of this property?
This property features: Highly visible corner location at Palace and Grant Avenues, near Santa Fe Plaza.; Next door to the new $75M Georgia O'Keeffe Museum.; Entire third floor leased to a restaurant (Jan 2026).
