About This Home

This 0-bedroom, 0-bathroom commercial at 1127 Paseo de Peralta in Santa Fe, NM is listed for $3,500,000 ($521 per sqft). Built in 1800, the home offers 6,712 sqft of living space on a 0.98 acres lot.

Key Features

  • Built in 1800
  • 0.98 acre lot

Property Details

1800
Listing Description

Rare Downtown BCD Development Opportunity One of the last significant undeveloped BCD opportunities in Santa Fe's downtown core, this exceptional property offers tremendous flexibility for redevelopment, investment, or a dynamic mixed-use project. Situated on approximately 0.98 acres, the property includes more than 6,700 square feet of existing improvements distributed among three separate structures.

BCD zoning allows for a broad range of potential uses, including hospitality, retail, residential, and short-term rentals, creating an unusual opportunity to develop a project tailored to the demands of downtown Santa Fe. The property consists of three separate lots, providing exceptional flexibility in how the buildings and land may be developed, occupied, or potentially held under multiple ownership structures.

Behind the three existing buildings is a substantial on-site parking area, an increasingly valuable asset in the downtown core and one capable of supporting a variety of future development concepts. Whether envisioned as a boutique hospitality property, residential and short-term rental project, retail destination, or a thoughtfully designed combination of uses, the possibilities are extensive.

A comprehensive professional development study is available detailing the property's many potential uses and redevelopment opportunities. Nearly an acre in the downtown core. Three lots. Three structures. On-site parking. BCD zoning. A truly rare opportunity to create something significant in the heart of Santa Fe.

Monthly Cost Estimate

$18,719/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,167
Insurance$1,021

Estimates only. Actual payments may vary.

Location

1127 Paseo de Peralta

Santa Fe, NM 87501

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1127 Paseo de Peralta is listed at $3,500,000 ($521/sqft). The estimated monthly payment is $18,719 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1800, 0.98 acre lot.

This property is listed by Paul Duran.

PD

Paul Duran

License 02896

Agent at Real Broker LLC.

Listed by Real Broker LLC. · Broker phone: 5055574976

MLS# 202603993· Source: Santa Fe Association of REALTORS®, Inc.· 46 days on PropertySimple

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1127 Paseo de Peralta, Santa Fe, NM 87501

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