417 Palace Ave Santa Fe, NM 87501
- Office Properties & Spaces
- 235 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
- 235 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 235-square-foot Class B office condo is ideally situated in downtown Santa Fe, New Mexico, at 417 East Palace Avenue, Suite 17, zip code 87501. Boasting a highly desirable location near the Plaza, this single-tenancy space is perfect for a small business or individual professional. The asking price is $235,000, translating to a price per square foot of $1,000. The property features convenient onsite parking, recently paved for ease of access. High-speed fiber internet service is already in place, eliminating the need for separate setup and ensuring seamless connectivity. A significant advantage is the inclusive condo fee of $263.96 per month. This comprehensive fee covers all utilities, high-speed internet access, HVAC maintenance, security, general building maintenance, property taxes, and access to shared amenities. Shared professional spaces include a well-equipped conference room and a convenient kitchen, enhancing productivity and collaboration opportunities. This turnkey solution offers a rare combination of prime location, modern amenities, and cost-effective operation, making it an attractive investment opportunity in the vibrant Santa Fe market. The property is a traditional office space in Santa Fe County.
Value Estimation
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CAP approach
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Comparable approach
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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
