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417 Palace Ave Santa Fe, NM 87501

For Sale
$225,000

Prime location, vacant, move-in ready.

Property size:
217 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional 217-square-foot Class B office condo, located at 417 East Palace Avenue, Suite 15 in the heart of Santa Fe, New Mexico, presents a unique investment opportunity. Priced at $225,000 ($1,036.87 per square foot), this vacant unit is perfect for a small business or individual professional seeking a downtown presence. The property boasts a convenient location near the Plaza, offering easy access to numerous amenities and a vibrant business community. Onsite parking has recently been paved for added convenience. High-speed fiber internet service is already in place, eliminating the need for costly setup. A monthly condo fee of $244.08 covers a comprehensive range of services, including utilities, internet access, HVAC maintenance, security, general building maintenance, property taxes, and access to shared spaces. These shared spaces include a professional conference room and a well-equipped kitchen, providing added value and functionality for occupants. The unit is a traditional office space, ready for immediate occupancy. The property is situated in Santa Fe County, New Mexico, with a zip code of 87501. This is a rare opportunity to acquire a fully-serviced, downtown Santa Fe office condo at an attractive price point.

Property Features for 417 Palace Ave

General Information

Property type
Office Properties & Spaces
Square Feet
217 SF
Class
B

Building Details

Units
1

HighLights

  • 217‑square‑foot Class B office condo in Santa Fe, NM.
  • Priced at $225,000 ($1,036.87/SF).
  • Located at 417 East Palace Avenue, Suite 15, near the Plaza.
  • Vacant and ready for immediate occupancy.
  • Includes high‑speed fiber internet and recently paved onsite parking.
  • $244.08 monthly condo fee covers utilities, internet, HVAC, security, taxes, and access to shared spaces (conference room & kitchen).
Property Profile Location Intelligence

Current Use by Public Records

Mortgage Partners Mortgage Lender Andrew Hoffman Mortgage Lender Vizzia Technologies Software Company Wander New Mexico ... Tour Operator Gerber & Bateman Lawyer

Suggested Use

Restaurant Realty agency Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Santa Fe
County
Santa Fe
State
New Mexico
Longitude
-105.9305387
Latitude
35.6861081

FAQs

What type of property is this?
Office Property / Space - Prime location, vacant, move-in ready.
Where is this office property / space located?
The property is located at 417 Palace Ave Santa Fe, NM.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 217-square-foot Class B office condo in Santa Fe, NM.; Priced at $225,000 ($1,036.87/SF).; Located at 417 East Palace Avenue, Suite 15, near the Plaza.
More about this property
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