# 417 E Palace Avenue, Santa Fe, NM 87501

> **TL;DR:** commercial, $1,875,000 ($633/sqft), built 1950, 2,962 sqft. Est. $10,028/mo. Listed 105 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,875,000 |
| Price/sqft | $633 |
| Square Feet | 2,962 |
| Year Built | 1950 |
| Property Type | Commercial (Office) |
| Status | Active |
| Days on Market | 105 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $9,481 |
| Estimated Insurance | $547 |
| **Total** | **$10,028** |

## Property Highlights

- Built in 1950

## Description

### Agent 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.

## Location

- **Address:** 417 E Palace Avenue, Santa Fe, NM 87501
- **County:** Santa Fe
- **Coordinates:** 35.6860845, -105.9305621
- **Google Maps:** https://www.google.com/maps?q=35.6860845,-105.9305621

## Listing Agent

- **Name:** Dermot O. Monks · **License:** 17451
- **Brokerage:** Corcoran Plaza Properties
- **Broker Phone:** 5059824466

## Photos

![417 E Palace Avenue - Photo 1](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f2256200883r.jpg)

![417 E Palace Avenue - Photo 2](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f2078878292r.jpg)

![417 E Palace Avenue - Photo 3](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1801421281r.jpg)

![417 E Palace Avenue - Photo 4](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1164421226r.jpg)

![417 E Palace Avenue - Photo 5](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f2925934029r.jpg)

![417 E Palace Avenue - Photo 6](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f228548147r.jpg)

![417 E Palace Avenue - Photo 7](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f121081591r.jpg)

![417 E Palace Avenue - Photo 8](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f3668381816r.jpg)

![417 E Palace Avenue - Photo 9](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f238727270r.jpg)

![417 E Palace Avenue - Photo 10](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f2609410292r.jpg)

![417 E Palace Avenue - Photo 11](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f121264394r.jpg)

![417 E Palace Avenue - Photo 12](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f3437722698r.jpg)

![417 E Palace Avenue - Photo 13](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f2753275175r.jpg)

![417 E Palace Avenue - Photo 14](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f4283176342r.jpg)

![417 E Palace Avenue - Photo 15](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f952556542r.jpg)

![417 E Palace Avenue - Photo 16](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f2482499380r.jpg)

![417 E Palace Avenue - Photo 17](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f486005978r.jpg)

![417 E Palace Avenue - Photo 18](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f3388441268r.jpg)

![417 E Palace Avenue - Photo 19](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f880738893r.jpg)

![417 E Palace Avenue - Photo 20](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f4025344256r.jpg)

![417 E Palace Avenue - Photo 21](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1463498973r.jpg)

![417 E Palace Avenue - Photo 22](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1004113469r.jpg)

![417 E Palace Avenue - Photo 23](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f4550338r.jpg)

![417 E Palace Avenue - Photo 24](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1708539993r.jpg)

![417 E Palace Avenue - Photo 25](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f76230824r.jpg)

![417 E Palace Avenue - Photo 26](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1255747929r.jpg)

![417 E Palace Avenue - Photo 27](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f3693146471r.jpg)

![417 E Palace Avenue - Photo 28](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f3086256573r.jpg)

![417 E Palace Avenue - Photo 29](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f67945110r.jpg)

![417 E Palace Avenue - Photo 30](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1627641847r.jpg)

![417 E Palace Avenue - Photo 31](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1423062169r.jpg)

![417 E Palace Avenue - Photo 32](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f2661115718r.jpg)

![417 E Palace Avenue - Photo 33](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1560792926r.jpg)

![417 E Palace Avenue - Photo 34](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f1470720311r.jpg)

![417 E Palace Avenue - Photo 35](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f2739516286r.jpg)

![417 E Palace Avenue - Photo 36](http://lh.rdcpix.com/572e549c45e8d328f31e1d1b1472071el-f430856743r.jpg)

---

**MLS#:** 202603129 | **Updated:** 2026-10-23
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/417-e-palace-avenue-santa-fe-nm-87501-3602e10606ef4801ac8c5f5a68e51c71)

---

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