417 Palace Ave Santa Fe, NM 87501
- Office Properties & Spaces
- 217 SF
Current Use by Public Records
- Mortgage Partners / Mortgage Lender
- Andrew Hoffman / Mortgage Lender
- Vizzia Technologies / Software Company
- Wander New Mexico Food Tours / Tour Operator
- Gerber & Bateman / Lawyer
Property Details for 417 Palace Ave
- Property size
- 217 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.931
- Latitude
- 35.6861
