Multi-Floor Office
For Lease
$15 SF/Yr
142 W Palace Avenue, Santa Fe, NM 87501
CommercialLease, Santa Fe, NM
Space Size3,123 SF - 15,380 SF
Lot Size0.05 Acres
Days on Market306
Property Features for 142 W Palace Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
BCD
Parking features
Garage, On Street, Parking Lot
Accessibility
Accessible Approach with Ramp
Directions
Head west on Exit 282B 0.4 mi, Merge onto US-84 W/S St Francis Dr/US Hwy 285 N, 2.7 mi, Turn right onto Cerrillos Rd 0.6 mi, Continue onto Sandoval St, 0.5 mi, Continue onto W Palace Ave, Destination will be on the right, 112 ft arrive at 142 W Palace Ave.
Standard status
Active
APN
910019702
Size
17,301 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Description
COMA AREA T17N R 9E S24 BURRO ALLEY PLAZA-BOKUM BLDG RDR-AREA A
Legal Description
COMA AREA T17N R 9E S24 BURRO ALLEY PLAZA-BOKUM BLDG RDR-AREA A
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
in-suite restrooms
kitchenette
shower
built-in cabinetry
Building Details
Year built
1955
Flooring type
Laminate, Carpet, Vinyl
Listing Agency:
Barker Realty, LLC
(505) 982-9836
Listed By:
Cozette E. Hansen · License #49928
(505) 399-0538
Added: Oct 28, 2025
Changed: Aug 19
Last Checked: Aug 29 at 11:06AM
MLS# 202504873
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.
Investment Insights
Based on property information with market context.
The Bokum Building provides office units across three leasable floors, with each level available separately or in combination. The first floor contains approximately 4,060 SF with 12 private offices, open work areas, and in-suite restrooms. Approximately 8,197 SF on the second floor includes 18 private offices, a conference room, meeting and training space, a kitchenette, and restrooms. The approximately 3,123 SF third floor is configured as an executive suite with nine offices, open work areas, a kitchenette, shower, and built-in cabinetry. Basement storage of approximately 1,921 SF is also available.
The property has direct street access from Palace Avenue in downtown Santa Fe, near galleries, restaurants, retail, government buildings, and the Santa Fe Convention Center. Forty-two off-site parking spaces are allocated based on leased area. The BCD-zoned property was built in 1955 and includes forced-air heating, central air, public water and sewer, and an accessible ramp approach.
The property has direct street access from Palace Avenue in downtown Santa Fe, near galleries, restaurants, retail, government buildings, and the Santa Fe Convention Center. Forty-two off-site parking spaces are allocated based on leased area. The BCD-zoned property was built in 1955 and includes forced-air heating, central air, public water and sewer, and an accessible ramp approach.
Key Highlights
- Three office floors available independently or in combination
- Approximately 17,301 SF of building area
- First floor: approximately 4,060 SF with 12 private offices
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,554
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office leasing supports independent floor occupancy with private offices, meeting areas, and in-suite restrooms.
Where is this office units located?
The property is located at 142 W Palace Avenue Santa Fe, NM.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Three office floors available independently or in combination; Approximately 17,301 SF of building area; First floor: approximately 4,060 SF with 12 private offices
