Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    417 E Palace Ave, Unit 16 Santa Fe, NM 87501

    For Sale
    $235,000

    SINGLE_FAMILY - Santa Fe, NM

    Type:Office
    Property size:
    242 SF
    Lot size:
    0.01 Acres
    Days on Market:
    141
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 417 E Palace Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    BCD
    APN
    099310338
    Parking features
    On Street, Parking Lot
    Size
    242 SF
    Lot size
    0.01 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1920

    Real Estate Advisors, LLC (505) 539-3200

    Listing agent Tai Bixby (505) 577-3524 License #40315

    Listing date Jul 18, 2025

    Copyright © 2025 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.

    Overview

    Office Condo Near Santa Fe Plaza

    This office condo is a drive-up suite designed for convenient business operations, located within walking distance of the Plaza. The property benefits from newly paved on-site parking and fiber internet service. Its location offers proximity to accommodations, being one block from La Posada and two blocks from the Drury Inn. Condominium fees are $272.25 per month. The monthly condominium fees cover property taxes, utilities, internet services, AC/Heating, exterior maintenance, security, and access to a shared professional conference room and kitchen. The property is zoned BCD and has a lot size of 0.01 acres. The unit has a size of 242 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mortgage Partners Mortgage Lender Andrew Hoffman Mortgage Lender Vizzia Technologies Software Company Wander New Mexico ... Tour Operator Gerber & Bateman Lawyer

    Suggested Use

    Restaurant Dental Office Realty agency Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.930463
    Latitude
    35.686195

    Nearby Similar for Sale

    • $4,500,000
      6,215 SF

      Historic Santa Fe Compound on Acres

      Historic Santa Fe compound with multiple units and development potential.
      2175 6Th St, Santa Fe, NM 87505
      View Details
    • $525,000
      1,587 SF

      New Santa Fe Flex-Use Condominium

      Under construction flex-use condominium in Siler/Rufina Warehouse District.
      1189 Parkway Dr, Santa Fe, NM 87507
      View Details
    • $525,000
      1,587 SF

      New Santa Fe Flex-Use Condominium

      Under construction commercial condominium in Santa Fe's Siler/Rufina District.
      1189 Parkway Dr, Santa Fe, NM 87507
      View Details
    • $525,000
      1,587 SF

      New Santa Fe Flex-Use Condominium

      Under construction flex-use condominium in Santa Fe's Siler/Rufina District.
      1189 Parkway Dr, Santa Fe, NM 87507
      View Details
    • $525,000
      1,587 SF

      Flex-Use Condominium in Santa Fe

      New commercial condominium in Siler/Rufina District, suitable for various uses.
      1189 Parkway Dr, Santa Fe, NM 87507
      View Details
    • $525,000
      1,587 SF

      New Santa Fe Flex-Use Condominium

      Commercial, industrial, and flex-use condominium in Santa Fe's Siler/Rufina District.
      1189 Parkway Dr, Santa Fe, NM 87507
      View Details

    FAQs

    What type of property is this?
    Office space - Office condo in walking distance to the Plaza with parking.
    Where is this office space located?
    The property is located at 417 E Palace Ave, Unit 16 Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - Exceptional location on Palace Avenue, walking distance to the Plaza.; - Condominium fees include property taxes, utilities, internet, AC/Heating, exterior maintenance, security, and access to a shared conference room and kitchen.; - Janitorial service for individual units is included.
    (505) 577-3524
    Request Owner's contact information
    417 E Palace Ave, Unit 16 Santa Fe, NM 87501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    417 E Palace Ave, Unit 16
    Santa Fe, NM 87501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    417 E Palace Ave, Unit 16 Santa Fe, NM 87501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.