142 W Palace, Santa Fe, NM 87501
Santa Fe County
Key Facts
Description
In the heart of Downtown Santa Fe Plaza, the Bokum Building offers three stories of beautiful downtown views and also includes the fully leased restaurant space located at 28-32 Burro Alley. Just moments from world-class galleries—including the new multi-million-dollar Georgia O’Keeffe Museum, fine dining, premier retail, government buildings, the Santa Fe Convention Center, and much more. This charming property features direct street access on Palace Ave with ADA accessibility. The first floor, approx. 4,060/sf, includes 12 offices, open work areas, and in-suite restrooms. The second floor, accessible by both elevator and stairs, spans approx. 8,197/sf and includes 18 offices, a conference room, an oversized meeting/training area, a large kitchenette, in-suite restrooms with stalls, and excellent downtown views. The third floor, approx. 3,123/sf, serves as the executive suite, complete with an in-suite kitchenette, private shower, and built-in cabinetry. This level includes 9 private offices and open work areas, with the far end of the suite boasting sweeping views of the Plaza and the Sangre de Cristo Mountains. Additional basement storage provides approx. 1,921/sf. The ±1,706 SF restaurant space at 28–32 Burro Alley is home to a long-established Mexican restaurant and occupies the historic site of the legendary Doña Tules’ Gambling Hall—an iconic piece of Santa Fe history. The property also offers 18 offsite parking spaces at 22 Chappelle Street that will convey with the sale of the property —an exceptional amenity in the downtown core. This is a rare opportunity to occupy one of Santa Fe’s most desirable versatile BCD zoned properties in the heart of its vibrant historic district.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1955
Living Area
19,911 sq ft
Lot Size
0.39 acres
Zoning
BCD
Days on Market
150
MLS® Listing#
202600184
Property Features
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Parcel Number
910019703
Directions
Head west on Exit 282B 0.4 mi, Merge onto US-84 W/S St Francis Dr/US Hwy 285 N, Pass by Dunkin' (on the right in 2.5 mi), 2.7 mi, Turn right onto Cerrillos Rd 0.6 mi, Continue onto Sandoval St, 0.5 mi, Continue onto W Palace Ave, Destination will be on the right, 112 ft arrive at 142 W Palace Ave.
Affordability Calculator
$580,000
Estimated monthly payment
$15,435/mo
Principal $2,320,000 · Est. interest $3,236,606 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Santa Fe, NM
- $736,000
- Median Listing Price
- 78
- Median Days on Market
- 2,252
- Median Sq Ft
- $377
- Median Price / Sq Ft
- 946
- Active Listings
- This home’s price is 294% above the area median.
- Its price per sq ft is 61% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Santa Fe, NM.
Location
Points of Interest in Santa Fe, NM
Showing the Santa Fe area map.
Nearby Schools
Carlos Gilbert Elementary School
Elementary · 0.3 mi away
Alvord Elementary School
Elementary · 0.7 mi away
Gonzales Community School Pta
Elementary · 0.9 mi away
Children's Adventure Company
School · 0.9 mi away
Dandelion Preschool
School · 0.9 mi away
Gentle Shepherd Preschool
School · 1.1 mi away
Aspen Community Magnet School
Elementary · 1.2 mi away
Desert Montessori School
Elementary · 1.4 mi away
Santa Fe Public Schools
School · 1.4 mi away
Ramirez Thomas Elementary
Elementary · 1.4 mi away
Amanecer Early Head Start
School · 1.5 mi away
Santa Fe Preparatory School
Secondary · 1.7 mi away
Ej Martinez Elementary
Elementary · 1.7 mi away
Santa Fe Secondary School
Secondary · 1.9 mi away
Rio Grande School
School · 1.9 mi away
Contemporary Alexander School
School · 1.9 mi away
Larragoite Elementary School
Elementary · 1.9 mi away
Mandela International Magnet School - Pta
Secondary · 1.9 mi away
Journey Montessori School
Elementary · 2.0 mi away
Santa Fe Indian School
Secondary · 2.1 mi away
Commute Calculator
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|---|---|---|---|---|
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| 450 St Michaels Dr, Santa Fe, NM | $2,100,000 | — | — | 7,820 |
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Moving Cost Estimate
EXIT Agents in Santa Fe
Listing Courtesy: Barker Realty, LLC - 5059829836