Third-Floor Office
For Lease
$15 SF/Yr Modified Gross
142 W Palace Avenue, Santa Fe, NM 87501
CommercialLease, Santa Fe, NM
Space Size3,123 SF
Lot Size0.05 Acres
Days on Market97
Property Features for 142 W Palace Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
BCD
Parking features
Parking Lot, Garage, On Street
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
3,123 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
Building Details
Year built
1955
Flooring type
Vinyl, Laminate, Carpet
Listing Agency:
Sotheby's Int. RE - Railyard
(505) 982-9836
Listed By:
Cozette E. Hansen · License #49928
(505) 399-0538
Added: Jul 18
Changed: Oct 21
Last Checked: Oct 22 at 9:06AM
MLS# 202603181
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.
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Investment Insights
Based on property information with market context.
The third-floor office suite at the Bokum Building provides approximately 3,123 square feet of professional workspace. Its layout includes 9 private offices, open work areas, in-suite restrooms, and elevator access from Palace Avenue. Vinyl, laminate, and carpet flooring are complemented by forced-air heating and central air conditioning.
Located at 142 W Palace Avenue in Downtown Santa Fe, the property offers views of the downtown area and the Sangre de Cristo Mountains. Approximately 10 dedicated off-site parking spaces are available separately from the suite. Public water and sewer serve the building, with accessible approach and ramp features. The suite is offered under a Modified Gross lease structure.
Located at 142 W Palace Avenue in Downtown Santa Fe, the property offers views of the downtown area and the Sangre de Cristo Mountains. Approximately 10 dedicated off-site parking spaces are available separately from the suite. Public water and sewer serve the building, with accessible approach and ramp features. The suite is offered under a Modified Gross lease structure.
Key Highlights
- Approximately 3,123 square feet on the third floor
- 9 private offices plus open work areas
- Elevator access from Palace Avenue
Property Analytics
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Current Use
Lease Details
Modified Gross
Lease Type
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Professional suite with private offices, open work areas, elevator access, and in-suite restrooms.
Where is this office unit 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: Approximately 3,123 square feet on the third floor; 9 private offices plus open work areas; Elevator access from Palace Avenue
