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142 W Palace Ave Santa Fe, NM 87501

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For Sale
$3,800,000

Versatile property in the heart of Santa Fe's historic district.

Property size:
19,911 SF
Lot size:
0.39 Acres

Property Features for 142 W Palace Ave

General Information

Standard status
Active
Size
19,911 SF
Lot size
0.39 Acres

Building Details

Year built
1955

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Listing Contact
Cozette E. Hansen
Cozette E. Hansen
Source: Corcoran

Listing Agency: Barker Realty LLC Listing Agent: Cozette E. Hansen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Downtown Santa Fe Mixed-Use Building

Located in the heart of Downtown Santa Fe Plaza, the Bokum Building offers three stories with downtown views and includes a fully leased restaurant space at 28-32 Burro Alley. The property is near galleries, including the Georgia O’Keeffe Museum, fine dining, premier retail, government buildings, and the Santa Fe Convention Center. Direct street access on Palace Ave provides ADA accessibility. The first floor, approximately 4,060 square feet, includes 12 offices, open work areas, and in-suite restrooms. The second floor, accessible by elevator and stairs, spans approximately 8,197 square feet and includes 18 offices, a conference room, an oversized meeting/training area, a large kitchenette, in-suite restrooms with stalls, and downtown views. The third floor, approximately 3,123 square feet, serves as the executive suite, complete with an in-suite kitchenette, private shower, and built-in cabinetry. This level includes 9 private offices and open work areas, with views of the Plaza and the Sangre de Cristo Mountains. Additional basement storage provides approximately 1,921 square feet. The approximately 1,706 square foot restaurant space at 28–32 Burro Alley is home to a long-established Mexican restaurant and occupies the historic site of the legendary Doña Tules’ Gambling Hall. The property also offers 18 offsite parking spaces at 22 Chappelle Street. This versatile property is located in the vibrant historic district.
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

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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City
Santa Fe
County
Santa Fe
State
New Mexico
Longitude
-105.9406936
Latitude
35.6881666

FAQs

What type of property is this?
Office building - Versatile property in the heart of Santa Fe's historic district.
Where is this office building located?
The property is located at 142 W Palace Ave Santa Fe, NM.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: - Prime Downtown Santa Fe Plaza location with exceptional access.; - Includes a fully leased restaurant space, providing immediate income and historical significance.; - Offers 18 deeded offsite parking spaces, a rare and valuable amenity.
More about this property
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