1127 Paseo de Peralta

Exceptional Downtown Santa Fe Investment & Development Opportunity Ideally situated in Santa Fe’s downtown business district, this distinctive property offers an extraordinary range of possibilities. Currently configured with a residential unit and office space, the property benefits from BCD zoning, allowing for a broad spectrum of potential commercial and residential uses. The building’s unique U-shaped configuration, surrounding a charming interior courtyard, lends itself beautifully to a fine-dining establishment, boutique hospitality destination, or multiple short-term rental accommodations. The expansive lot also offers the potential for additional residential or retail development, creating an opportunity to maximize the property’s value and versatility. The location is exceptional, with convenient access to the New Mexico State Capitol, the renowned Canyon Road Arts District, and the historic Santa Fe Plaza, along with some of the city’s finest restaurants, galleries, and cultural attractions—all within a short stroll. A development feasibility study has been completed, illustrating a variety of potential uses and development scenarios. Whether envisioned as a boutique hospitality destination, a mixed-use residential compound, a fine-dining establishment, or a combination of complementary uses, this property represents a rare opportunity to create something truly special in the heart of Santa Fe. All proposed uses and development opportunities are subject to applicable zoning regulations and governmental approvals.