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227 Palace Ave , Santa Fe, NM 87501
227 Palace Ave , Santa Fe, NM 87501
  • $169,000
  • 440
  • Square Feet
  • 1950
  • Year Built

Description

Suite M – Downtown Santa Fe Office Space

Located just minutes from the historic Plaza, this charming ±440 sq.ft. office suite in the sought-after Kruger Commercial Building offers a flexible layout with four rooms, a private half-bath, and two designated parking spaces—a rare perk in the heart of Santa Fe. Zoned BCD (Business Capital District), the space is ideal for professionals seeking a central, accessible location with high visibility and walkability.

Recent upgrades include renovated bathroom in May 2025, brand-new mini-splits installed in July 2025 for efficient heating and cooling. The well-maintained 22-unit building includes monthly COA dues of $493.01, covers all major utilities (with the exception of electric) and exterior maintenance: electric, water, sewer, trash, roof, stucco, and common areas. Mini-split maintenance is owner responsibility. Additional metered street parking ensures convenience for visitors and clients.

Don’t miss this excellent opportunity to establish your business in one of Santa Fe’s most vibrant commercial districts.

Listing Agent

Baro Shalizi - Keller Williams Realty

Details

Updated on August 11, 2025 at 6:02 pm
  • Sq ft: 440 Square Feet
  • Property Status: Active
  • Date listed: 2025-07-31
  • Days on Market: 13
  • Year Built: 1950
  • MLS # 202503445

Financial Details

  • Price: $169,000
  • $/sq ft
  • Listing Terms: Cash, Conventional, New Loan

Additional details

  • Utilities: Electricity Available

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  • Address 227 Palace Ave
  • 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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