Nichole Dixon

142 W Palace, Santa Fe, NM 87501

$2,900,000
  • 142 W Palace, Santa Fe, NM 87501 Main Photo

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Active Price Reduced by $900,000 on April 2nd, 2026
MLS#202600184
STATUSActive PROPERTY TYPECommercial - Retail

Property 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.

142 W Palace | MLS# 202600184

This commercial property located at 142 W Palace, Santa Fe, NM 87501 is currently listed for sale with an asking price of $2,900,000. Search Santa Fe real estate on ndixon.cblegacy.com today.

Property Features

Property Type: Commercial - Retail
Basement: Yes
Lot Size: 0.39 Acres
Roof Type: Flat
Year Built: 1955

Feature Descriptions

Community Features: High Traffic Location
Days on Site: 80
Exterior: Frame
Parcel#: 910019703
Parking: Off Site, Parking Lot, On Street
Parking Notes: Off Site, Parking Lot, On Street
Sewer: Public Sewer
Utilities: Other
Water: Public

Listed By / Shown By

Listed By

Agency Name: Barker Realty, LLC
Agency Phone: (505) 982-9836

Shown By

Agent Name: Nichole Dixon
Agent Phone: (505) 604-2080
Agency Title: Coldwell Banker Legacy

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