For Sale
$225,000

417 Palace AveSanta Fe, NM 87501

Prime location, vacant, move-in ready.

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • 217-square-foot Class B office condo in Santa Fe, NM.
  • Priced at $225,000 ($1,036.87/SF).
  • Located at 417 East Palace Avenue, Suite 15, near the Plaza.
  • Vacant and ready for immediate occupancy.
  • Includes high-speed fiber internet and recently paved onsite parking.
  • $244.08 monthly condo fee covers utilities, internet, HVAC, security, taxes, and access to shared spaces (conference room & kitchen).

Property Details for 417 Palace Ave

Property type
Office properties
Square Feet
217 SF
Class
B
Units
1

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.6861081
Longitude
-105.9305387
417 Palace Ave, Santa Fe, New Mexico

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417 Palace Ave
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