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Downtown Office Building with Leased Restaurant

142 W Palace, Santa Fe, NM 87501

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For Sale

$2,900,000

SINGLE_FAMILY - Santa Fe, NM

Type:Office

Property size:

19,911 SF

Lot size:

0.39 Acres

Price / SF:

$145/SF

HighLights

3‑story Bokum Building (1955) with direct street access on Palace Ave and ADA accessibility
Office layout: 1st floor ~4,060 SF with 12 offices, open work areas, and in‑suite restrooms
2nd floor ~8,197 SF with 18 offices, conference room, oversized meeting/training area, kitchenette, and in‑suite restrooms
3rd floor ~3,123 SF executive suite with private shower, in‑suite kitchenette, built‑in cabinetry, and 9 private offices
Additional basement storage ~1,921 SF plus +/-1,706 SF fully leased restaurant space at 28‑32 Burro Alley
18 offsite parking spaces at 22 Chappelle Street convey with the sale; parking includes on‑street, parking lot, and offsite

We can help!

Contact an agent

Cozette E. Hansen

For Sale

$2,900,000

SINGLE_FAMILY - Santa Fe, NM

Type:Office

Property size:

19,911 SF

Lot size:

0.39 Acres

Price / SF:

$145/SF

Added:: Jan 15, 2026
Days on Market:: 163
Last Refresh:: Jun 27 at 4:06 pm

Property Features for 142 W Palace

General Information

Property type: Residential
Property subtype: Office
Zoning: BCD
Parking features: On Street, Parking Lot, Offsite
Standard status: Active
APN: 910019703
Size: 19,911 SF
Lot size: 0.39 Acres

Taxes and HOA fees

Tax Description: As defined by title company.

Utilities

Sewer type: Public Sewer
Water source: Public

Building Details

Year built: 1955
Building materials: Frame
Roof type: Flat

We can help!

Contact an agent

Cozette E. Hansen

Listing agent Cozette E. Hansen License #49928

Listing office Barker Realty, LLC 530 S Guadalupe St., Santa Fe, NM

Listing date Jan 15, 2026

MLS# 202600184

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.

HighLights

3‑story Bokum Building (1955) with direct street access on Palace Ave and ADA accessibility
Office layout: 1st floor ~4,060 SF with 12 offices, open work areas, and in‑suite restrooms
2nd floor ~8,197 SF with 18 offices, conference room, oversized meeting/training area, kitchenette, and in‑suite restrooms
3rd floor ~3,123 SF executive suite with private shower, in‑suite kitchenette, built‑in cabinetry, and 9 private offices
Additional basement storage ~1,921 SF plus +/-1,706 SF fully leased restaurant space at 28‑32 Burro Alley
18 offsite parking spaces at 22 Chappelle Street convey with the sale; parking includes on‑street, parking lot, and offsite

Overview

The Bokum Building is a three-story downtown office property with direct street access on Palace Ave and ADA accessibility. The first floor offers approximately 4,060 square feet with 12 offices, open work areas, and in-suite restrooms. The second floor, accessible by both elevator and stairs, spans approximately 8,197 square feet and includes 18 offices, a conference room, an oversized meeting/training area, a large kitchenette, and in-suite restrooms with stalls. The third floor provides approximately 3,123 square feet as an executive suite with an in-suite kitchenette, a private shower, built-in cabinetry, nine private offices, and additional open work areas with sweeping views toward the Plaza and the Sangre de Cristo Mountains. Basement storage adds approximately 1,921 square feet.

The property is located in the heart of Downtown Santa Fe Plaza and includes a fully leased restaurant space at 28–32 Burro Alley, totaling approximately 1,706 square feet, with frontage on Burro Alley. The building is zoned BCD.

This offering can fit office users seeking multiple levels and dedicated executive space, or buyers looking to acquire a versatile downtown building with a long-established Mexican restaurant tenant and practical on-site functionality. The sale also includes 18 offsite parking spaces at 22 Chappelle Street, an amenity intended to support downtown access for occupants and visitors.

Property Profile Location Intelligence

Current Use by Public Records

Palace Prime Restaurant Commissioner Theresa Becenti-Aguilar State Government Office New Mexico Public ... State Government Office

Suggested Use

Location Insight

Map
Local Demand

City: Santa Fe
County: Santa Fe
State: New Mexico
Longitude: -105.940601
Latitude: 35.688092

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For sale
Office buildings
NM
Santa Fe
87501
142 W Palace

What type of property is this?

Office building - Three-story office building with ADA access and a fully leased restaurant suite, plus offsite parking included.

Where is this office building located?

The property is located at 142 W Palace Santa Fe, NM.

What is the asking price?

The asking price for this property is $2,900,000.

What are key features of this property?

This property features: 3‑story Bokum Building (1955) with direct street access on Palace Ave and ADA accessibility; Office layout: 1st floor ~4,060 SF with 12 offices, open work areas, and in‑suite restrooms; 2nd floor ~8,197 SF with 18 offices, conference room, oversized meeting/training area, kitchenette, and in‑suite restrooms

142 W Palace, Santa Fe, NM 87501

SINGLE_FAMILY - Santa Fe, NM

Property Features for 142 W Palace

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Live-Work Commercial Building

Turnkey Restaurant Space on Cerrillos Rd

Santa Fe Office/Research Facility

Medical Office Park at Hospital Campus

Class A Office Building

Modern Office Building For Sale

Santa Fe Commercial Property For Sale

Freestanding Commercial Building on Cerrillos

Freestanding Office Building with Parking

Professional Office Building in Santa Fe

Three-Unit Triplex with Assigned Parking

Ranch Compound with Indoor Arena

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