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237 Palace Avenue

Santa Fe, NM 87501
  • $2,950,000
  • STATUS: Active Under Contract
  • ON SITE: 23 Days
  • MLS #: 202501400
Under Contract
UPDATED: 50 min ago
$2,950,000
  • 0
    BEDS
  • 0.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,760
    SQFT
  • $512
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1876
County:

School Ratings & Info

Description

Iconic Downtown Santa Fe Corner 237 E Palace Avenue. Position your brand at the epicenter of Santa Fe's cultural and commercial pulse with this trophy property on one of the most recognizable and visible intersections in downtown. With roots dating to the 1880s and a commanding presence just steps from the Plaza, this historic adobe buildingcurrently home to the acclaimed Peyton Wright Galleryoffers unmatched visibility, foot traffic, and architectural prestige for a business visionary. With a faade that has stood the test of time and a name synonymous with Santa Fe history, 237 delivers heritage, elegance, and strategic locationideal for businesses or institutions looking to make a lasting statement. Imagine 5,760 square feet of elegant, adaptive space with a voluminous second floor. The current configurationmeticulously renovated in 1998 to preserve architectural integrity while supporting gallery use, features wide galleries, high ceilings, and open circulationlending itself naturally to a retail flagship, high-profile institutional user, upscale professional office, or destination showroom with ample room to build an additional structure on the .59-acre lot. This is more than a propertyit is a cultural artifact and a blank slate, ready to embrace and enhance its next discerning owner.

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Santa Fe Association of Realtors logo © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than EXIT Realty Advantage NM are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-07-14T15:51:34.813.
www.exitadvantagenm.com/homes/165128102
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237 Palace Avenue Santa Fe, NM 87501

  • Price: $2,950,000
  • Status: Active Under Contract
  • On Site: 23 Days
  • Updated: 50 min ago
  • MLS #: 202501400
0
Beds
0
Baths
0
½ Baths
0.59
Acres
5,760
SQFT
$512
$/SQFT
1876
Built
Neighborhood:
1-Sf City Limits Ne
County:
Santa Fe
Area:
1-Sf City Limits Ne
Property Description
Iconic Downtown Santa Fe Corner 237 E Palace Avenue. Position your brand at the epicenter of Santa Fe's cultural and commercial pulse with this trophy property on one of the most recognizable and visible intersections in downtown. With roots dating to the 1880s and a commanding presence just steps from the Plaza, this historic adobe buildingcurrently home to the acclaimed Peyton Wright Galleryoffers unmatched visibility, foot traffic, and architectural prestige for a business visionary. With a faade that has stood the test of time and a name synonymous with Santa Fe history, 237 delivers heritage, elegance, and strategic locationideal for businesses or institutions looking to make a lasting statement. Imagine 5,760 square feet of elegant, adaptive space with a voluminous second floor. The current configurationmeticulously renovated in 1998 to preserve architectural integrity while supporting gallery use, features wide galleries, high ceilings, and open circulationlending itself naturally to a retail flagship, high-profile institutional user, upscale professional office, or destination showroom with ample room to build an additional structure on the .59-acre lot. This is more than a propertyit is a cultural artifact and a blank slate, ready to embrace and enhance its next discerning owner.
Exterior Features

Construction Materials Adobe Frame Other Garage YN No Parking Features Parking Available Parking Total 30 Roof Pitched

Interior Features

Basement YN No Fireplace YN No Flooring Tile Wood

Property Features

Business Type Commercial Mixed Professional / Office Showroom Disclosures Lead Based Paint Disclosure Lease Considered YN No Listing Terms Cash Conventional1031 Exchange New Loan Possible Use Commercial Gallery Mixed Use Office Retail Property Sub Type Retail Property Sub Type Additional Mixed Use Sale Or Lease Indicator For Sale Security Features Surveillance System Sewer Public Sewer Special Listing Conditions Standard Utilities Electricity Available Water Source Public Zoning BCD Historic Zoning Description BCDEAS

Santa Fe Association of Realtors logo Listing provided courtesy of Natalie Rivera Benavent of Barker Realty, LLC: (505) 982-9836. © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2025 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than EXIT Realty Advantage NM are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-07-14T15:51:34.813.
 
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