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0 Baths
6,712 sqft

$3,500,000

1127 Paseo de Peralta, Santa Fe NM, 87501

Price per sqft$521.45
Built in1800
Property size6,712 sqft
Property typeCommercial

Overview

Active

Listed Sep 13, 2026

Updated 17h ago

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.

Additional information

MLS® ID
202603993

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.98 Acres
MLS provider logo

Listed by Paul Duran with Real Broker LLC.
Listing Contact: (505) 310-5566 

The IDX display contains information sourced from the Santa Fe Association of REALTORS® as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/15/2026 at 5:01 AM UTC

 

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