Betty Houston - Coldwell Banker Legacy
417 E Palace Avenue
Santa Fe, NM 87501

$3,495,000

Description

Palace Avenue Office Suites is a professional office building ideal for an owner/user - first time offered to market. Fabulous park like setting with outside meeting areas with tall trees and gardens. Walk 2 Blocks to Canyon Road and 4 blocks to the Plaza. The entire building was remodeled to commercial code in 2008. Entire project is wired for telephone and internet with CAT 5 wiring for voice and data. Over 30 rooms, 5 restrooms, conference room, printing area, kitchen and storage. This massive adobe and frame construction complex has 18 off street parking spaces 7,700 SF gross space; 6,788 leasable. 5 patio suites are drive up to door offices. Cooled via min-splits to provide individual control and hot water baseboard heating throughout. The entire complex has a condominium filing complete with survey, legal documents if one desires to sell as condominium offices or it may be terminated. The location and building have architectural and historical significance and provide substantial benefits for an owner/user.

Details

MLS#201701448
Sub-TypeResale
StatusActive
Days On Site560

Features

SQ Feet7,700
Story(s)1
ZoningBCDD

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Area Information

StateNM
CountySanta Fe
CitySanta Fe
Zip Code87501
Area1-SF City Limits NE
Listing VS Median (in 87501)
Price:
$3,495,000
low | high
Med:
$534,000
100% of Average
SqFt:
7,700
low | high
Med:
1,563
100% of Average
$ / SqFt:
$454
low | high
Med:
$343
74.507973456835% of Average
On Site:
560
low | high
Med:
113
100% of Average
Listing Updated: 10/18/2018
MLS Number: 201701448
Listing Provided By:
Tommy Gardner  of  Santa Fe Commercial RE LLC