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142 W Palace, Santa Fe, NM, 87501
Downtown Santa Fe Mixed-Use Building

142 W Palace Santa Fe, NM 87501

For Sale
$2,900,000

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

Property Size19,911 SF
Lot Size0.39 Acres
Price / SF$145.65
Days on Market196

Property Features for 142 W Palace

General Information

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

Building Details

Year Built 1955
Listing Agency: BARKER REALTY, LLC
Listed By: COZETTE E. HANSEN · License #49928
Source: Corcoran
Added: Jan 15 Changed: Jul 10 Last Checked: Jul 29 at 8:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BARKER REALTY, LLC

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use

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

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop HVAC Service (Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

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 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: 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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