237 E Palace AVE Active Save Request In-Person Tour Request Virtual Tour
Santa Fe,NM 87501
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202501400
HOA Y/N No
Year Built 1876
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Retail
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 building—currently home to the acclaimed Peyton Wright Gallery—offers unmatched visibility, foot traffic, and architectural prestige for a business visionary. With a façade 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.
Location
State NM
County Santa Fe
Zoning BCD,Historic
Interior
Flooring Tile,Wood
Fireplace No
Exterior
Parking Features Parking Available
Utilities Available Electricity Available
Water Access Desc Public
Roof Type Pitched
Present Use Office,Other,Retail
Total Parking Spaces 30
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Tax ID 010513536
Security Features Surveillance System
Acceptable Financing Cash,Conventional,1031 Exchange,New Loan
Listing Terms Cash,Conventional,1031 Exchange,New Loan
Special Listing Condition Standard