Pending

237 E Palace Ave

237 E Palace Ave Santa Fe, NM 87501

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Overview


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.

For Sale

Other
Sale Price
$2,950,000
Price Per SF
$512.2/SF
Building Size
5,760 SF
Acres
0.59 ac
Zoning
BCDEAS
Zoning Description
Business Capital District East Marcy East Palace Subdistrict
Year Built
1876
Tax ID Number
010513536
Power Provider
PNM
Water Provider
City Of SF
Sewer Provider
City of SF
Natural Gas Provider
Gas Co of NM
County
Santa Fe
Available
2025-06-21
Created
2025-06-24
Updated
2025-07-08
Listing ID
62159f84
Parcel APN
1054099387163000000