Fully Leased Office
For Sale
$1,875,000
417 E Palace Avenue, Santa Fe, NM 87501
Eleven office condo units in a historic downtown building, built in the 1950s and renovated in 2008.
Property Size2,962 SF
Price / SF$633.02
Days on Market56
Property Features for 417 E Palace Avenue
General Information
Standard status
Active
Size
2,962 SF
Property subtype
Commercial
Zoning
BCD
Additional Details
Office Units
11
Building Details
Year Built
1950
Year Renovated
2008
Tenancy
Multi
Listing Agency:
Santa Fe - Marcy
Listed By:
Dermot Monks · License #17451
(505) 470-0639
Source:
Corcoran
Added: Jul 16
Changed: Aug 9
Last Checked: Sep 8 at 7:24AM
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 Santa Fe - Marcy
Investment Insights
Based on property information with market context.
Eleven office condo units are available for sale in a historic downtown building built in the 1950s and renovated in 2008. The property is described as fully net leased and is set up with ample common areas and parking. Common-area amenities include bathrooms, a kitchen, and a conference room.
Located at 417 E Palace Avenue in Santa Fe, New Mexico, the building is noted as operating under BCD zoning. The offering is presented with AAA tenants as part of the fully net-leased structure.
Each of the condo units is part of the overall 11-unit configuration within the same historic building, with shared common amenities and parking serving the tenants.
Located at 417 E Palace Avenue in Santa Fe, New Mexico, the building is noted as operating under BCD zoning. The offering is presented with AAA tenants as part of the fully net-leased structure.
Each of the condo units is part of the overall 11-unit configuration within the same historic building, with shared common amenities and parking serving the tenants.
Key Highlights
- Historic downtown office condo building with 11 condo units
- Built in 1950 and renovated in 2008
- BCD zoning
Property Analytics
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Current Use
Lease Details
11
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,276
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
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Frequently Asked Questions
What type of property is this?
Office units - Eleven office condo units in a historic downtown building, built in the 1950s and renovated in 2008.
Where is this office units located?
The property is located at 417 E Palace Avenue Santa Fe, NM.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Historic downtown office condo building with 11 condo units; Built in 1950 and renovated in 2008; BCD zoning
