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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
MLS Listing ID 201904546
HOA Y/N No
Year Built 1988
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Retail
Property Description
The Palace Court Building located at 135 W. Palace Avenue was constructed in 1988. The property is next door to the $75M Georgia O'keeffe Museum currently being built. It has been the home to Galleries and other retailers - both on the first and second floors. The third floor has been restaurants and nightclubs. It is a highly visible corner location at Palace and Grant Avenues just a couple of blocks west of the Santa Fe Plaza. Currently there is one suite on the ground floor coming on the market in Spring 2025 currently occupied by the Zanadu Gallery. it has 3631 sq ft and faces Palace Avenue. There are three suites available on the second level of 1389 sq ft and 1314 sq ft., and 720 sq ft. The third floor has most recently been used as restaurant and corporate office headquarters for a national restaurant chain. It consists of 5,130 sq ft of interior space and 1,075 of beautiful balcony space, overlooking both Palace and Grant Avenues. This floor has also been successfully utilized as a popular nightclub in the past. There is a passenger elevator as well as a freight elevator to service the upper floors.
Location
State NM
County Santa Fe
Area Santa Fe
Zoning BCD
Interior
Heating Natural Gas
Cooling Refrigerated
Flooring Concrete
Fireplace No
Exterior
Parking Features On Street
Utilities Available High Speed Internet Available
Water Access Desc Public
Roof Type Flat
Accessibility Accessibility Features
Building
Foundation Basement
Sewer Public Sewer
Water Public
Others
Tax ID 10473600
Listed by John Shepler • Shepler Commercial, LLC
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Sabine Lauer
Broker Associate | License ID: 53656
150 Washington Ave., Suite 201, Santa, Mexico, 875, United States