About This Home

This 0-bedroom, 0-bathroom commercial at 417 E Palace Avenue in Santa Fe, NM is listed for $1,875,000 ($633 per sqft). Built in 1950, the home offers 2,962 sqft of living space on a N/A lot.

Key Features

  • Built in 1950

Property Details

1950
Listing Description

Historic downtown Santa Fe building--BCD Zoning--Investment Opportunity- Fully leased Office Condominiums. Exceptional investment opportunity featuring 11 fully leased office condominiums with long-term AAA tenants providing stable income. For buyers seeking owner occupancy, select tenants are open to early lease termination, offering potential immediate availability.

Originally constructed in the 1950s and recently renovated, the property offers ample parking and well-maintained common amenities, including a galley kitchen, conference room and shared restrooms. An ideal opportunity for investors or owner-users seeking flexibility in a well-established, professionally maintained property.

Monthly Cost Estimate

$10,028/mo

20% down · 6.5% · 30 years

Principal$1,356
Interest$8,125
Insurance$547

Estimates only. Actual payments may vary.

Location

417 E Palace Avenue

Santa Fe, NM 87501

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 417 E Palace Avenue is listed at $1,875,000 ($633/sqft). The estimated monthly payment is $10,028 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950.

This property is listed by Dermot O. Monks.

DM

Dermot O. Monks

License 17451

Agent at Corcoran Plaza Properties

Listed by Corcoran Plaza Properties · Broker phone: 5059824466

MLS# 202603129· Source: Santa Fe Association of REALTORS®, Inc.· 104 days on PropertySimple

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.

417 E Palace Avenue, Santa Fe, NM 87501

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