Pending
237 E Palace Avenue, Santa Fe, NM 87501
237 E Palace Avenue, Santa Fe, NM 87501
  • $2,950,000
  • 5760
  • Square Feet
  • 0.59
  • Lot Size Acres
  • 1876
  • Year Built

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 building—currently home to the acclaimed Peyton Wright Gallery—offers unmatched visibility, foot traffic, and architectural prestige for a business visionary. With a faƧade that has stood the test of time and a name synonymous with Santa Fe history, 237 delivers heritage, elegance, and strategic location—ideal 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 configuration—meticulously renovated in 1998 to preserve architectural integrity while supporting gallery use, features wide galleries, high ceilings, and open circulation—lending 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 property—it is a cultural artifact and a blank slate, ready to embrace and enhance its next discerning owner.

Listing Agent

Natalie Rivera Benavent - Barker Realty, LLC

Details

Updated on July 7, 2025 at 7:25 pm
  • Sq ft: 5760 Square Feet
  • Lot size: 0.59 Acres
  • Property Status: Pending
  • Date listed: 2025-06-20
  • Days on Market: 17
  • Year Built: 1876
  • MLS # 202501400

Financial Details

  • Price: $2,950,000
  • $/sq ft
  • Listing Terms: Cash, Conventional,1031 Exchange, New Loan

Additional details

  • Roof: Pitched
  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Flooring: Tile, Wood
  • Parking: Parking Available

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  • Address 237 E Palace Avenue
  • City Santa Fe
  • State/county NM
  • Zip/Postal Code 87501

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THE DATA RELATING TO REAL ESTATE FOR SALE IN THIS WEBSITE COMES IN PART FROM THE INTERNET DATA EXCHANGE ("IDX") PROGRAM OF SANTA FE ASSOCIATION OF REALTORSĀ®, INC. FROM A COPYRIGHTED COMPILATION OF LISTINGS. ALL DATA IN THIS WEBSITE IS DEEMED RELIABLE BUT IS NOT GUARANTEED ACCURATE, AND SHOULD BE INDEPENDENTLY VERIFIED. THE INFORMATION PROVIDED IS 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. ALL PROPERTIES ARE SUBJECT TO PRIOR SALE OR WITHDRAWAL. ALL RIGHTS RESERVED.

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