237 E Palace Avenue Santa Fe, NM $ 3,850,000
237 E Palace Avenue
$ 3,850,000
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237 E Palace Avenue

Santa Fe, NM, 87501
$ 3,850,000
Baths0.0 Sq 5,760

Monthly Estimate*

$ 23,058

237 E Palace Avenue, Santa Fe, NM 87501 - Image 1
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Studio

Commercial Property for sale in Santa Fe, NM

for $3,850,000. This 5,760 square foot building was built in 1876 on a lot size of 0.59.

The incomparable Spiegelberg-Spitz House. A rare gem in the crown of the City Different, this graceful historically significant residence turned gallery was originally built c.1870 by the very same European artisans attracted to New Mexico during Archbishop Lamy’s building program. The tallest adobe structure of its time and the first to have indoor gas pipes, it was added to the National Register of Historic Places in 1973. The property’s current owner undertook an extensive restoration effort in the early 2000’s, installing central A/C, finishing the second floor, replacing the roof supports, and more. The original 10 rooms of the first floor, (most with fireplaces that are concealed), are currently used as galleries, offices, a kitchen, and three bathrooms. Natural light filtered through undulating lead glass in original windows bathes the interior with an ethereal glow. If walls could talk, this serene and stately home would tell of the many merchants, bankers, doctors, and politicians that have crossed its threshold. Dramatic high ceilings, cast-iron fixtures, pressed tin designs, deep sills and a large porch add to the by-gone charm and nostalgia. With flexible BCD zoning to accommodate myriad uses at an iconic downtown location with ample parking (parcel is over half an acre), high visibility and strong community presence, this time-tested treasure you will make you feel the pulse of this vibrant capital.

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Commercial Pending

Price

$ 3,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.59

Year Built

1876

Town/City

Santa Fe

County/Region

Santa Fe

MLS | Web ID

202401958

Features
General
Sewer PublicSewer
Utilities ElectricityAvailable
Possession Negotiable
Roof Pitched
Zoning BCD Historic
Construction Materials Adobe Frame Other
Year Built 1876
Property SubType Retail
Current Use Office Other Retail
Business Type Commercial Mixed ProfessionalOffice Showroom
County Santa Fe
Property Type CommercialSale
Possible Use Commercial Gallery MixedUse Office Retail
Garage Y/N No
Status Pending
Directions At the corner of Paseo de Peralta and E Palace Avenue downtown.
City Santa Fe
Disclosures LeadBasedPaintDisclosure
Zoning Description BCDEAS
Lot Size Units Acres
Lot Size Square Feet 25700.4
Terms Cash Conventional Item1031Exchange NewLoan
MLS Area Minor 1-SF City Limits NE
Lease Considered Y/N No
Virtual Tour https://my.matterport.com/show/?m=1S26Km6McRA https://my.matterport.com/show/?m=1S26Km6McRA
Days on Market 100
Building Area Units SquareFeet
Lease Type None
Standard Status Pending
Year Built Source Assessor
Property Sub Type Additional MixedUse
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Interior
Flooring Tile Wood
Basement (Y/N) No
Fireplace Y/N No
Total Baths 0
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Exterior
Parking Features ParkingAvailable
Water Source Public
Total Parking 30.0
Lot Size Area 0.59
Building Area Total 5760.0
Lot Size Acres 0.59
Lot Size Source PublicRecords
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Internal Only
Street Number 1 237
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* Excluded Features
List By
David Barker

Listing Agent

Barker Realty, Llc

Broker

dbarker@santaferealestate.com

Email

Affordability Calculator

$23,058
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,058
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
831258 Elementary School
830993 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$3,850,000 Listed Price

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237 E Palace Avenue, Santa Fe, NM, 87501 is a Commercial Property for sale at $3,850,000 with 5,760 sqft and a lot size of 0.59. 237 E Palace Avenue is a studio with 0.0 baths and was built in 1876. The property's zip code is 87501 which is in Santa Fe, NM