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Third-Floor Office Suite
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142 W Palace Avenue Third Floor, Santa Fe, NM 87501

Professional workspace includes private offices, open areas, restrooms, elevator access, and dedicated off-site parking.

Property Size3,123 SF
Price / SF$1.25
Days on Market14

Property Features for 142 W Palace Avenue Third Floor

General Information

Standard status Active
Size 3,123 SF
Total Parking Spaces 10
Elevators Yes

Additional Details

Floor 3
Listing Agency: Barker Realty, LLC
Listed By: Cozette E. Hansen · License #49928
Source: Quailrunsothebys
Added: Aug 17 Changed: Aug 29 Last Checked: Aug 26 at 10:52AM

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.

The third floor of the Bokum Building at 142 W Palace Avenue provides approximately 3,123 square feet of office space in Downtown Santa Fe. The layout includes 9 private offices, open work areas, in-suite restrooms, and elevator access from Palace Avenue. Approximately 10 dedicated off-site parking spaces are associated with the suite and are separate from the quoted lease rate.

The property is positioned near the Santa Fe Plaza and offers views of Downtown Santa Fe and the Sangre de Cristo Mountains. The combination of enclosed offices, collaborative workspace, and on-site restroom facilities creates a practical configuration for professional office operations.

Key Highlights

  • Approximately 3,123 square feet on the third floor
  • 9 private offices with open work areas
  • Elevator access from Palace Avenue

Property Analytics

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,554
Businesses Nearby

Demographics for 87501, NM

15,116
Population
10,480
Households
1.4
Avg Household Size
58
Median Age
61%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
299
Density / Sq Mi
$81,229
Median Household Income
$52,851
Median Earnings
$1,516
Median Rent
$649,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Professional workspace includes private offices, open areas, restrooms, elevator access, and dedicated off-site parking.
Where is this office units located?
The property is located at 142 W Palace Avenue Third Floor Santa Fe, NM.
What are key features of this property?
This property features: Approximately 3,123 square feet on the third floor; 9 private offices with open work areas; Elevator access from Palace Avenue
More about this property
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