1. New Mexico
  2. Santa Fe
  3. 227 Palace Ave
$169,000

227 Palace Ave, Santa Fe, NM 87501

  • 440 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $384/sqft
  • Property List Date Icon Listed 14 days ago

Property 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 Status:
Active
Date Added:
July 31, 2025 at 05:00AM
Listing Office:
Keller Williams Realty : (505) 983-5151
Listing Agent:
Baro Shalizi : (505) 670-8431
MLS ID:
202503445
  • Originating MLS: SFAOR
  • County: Santa Fe

This listing courtesy of Baro Shalizi, Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

A

Acequia Madre Elementary School

700 Acequia Madre, Santa Fe, NM, 87505

Grades KG-6

0.53 miles away

G

Gonzales Elementary School

851 W Alameda St, Santa Fe, NM, 87501

Grades KG-8

1.22 miles away

M

Mandela International Magnet (Mims)

1604 Agua Fria St, Santa Fe, NM, 87505

Grades 7-12

2.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.