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1625 Paseo De Peralta, Santa Fe, NM 87501

$10,000,000
  • 1625 Paseo De Peralta, Santa Fe, NM 87501 Main Photo

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Active
MLS#202505309
STATUSActive PROPERTY TYPECommercial - Business

Property Description

The Alvord School represents one of the most significant redevelopment opportunities in Santa Fe's urban core. The ±2.9-acre infill parcel sits directly adjacent to the Santa Fe Railyard, the city's premier mixed-use cultural district. The existing ±30,760 sf building, originally built in 1931 and expanded several times through the 1970s, offers uncommon flexibility within the highly permissive Business Capital District (BCD) zoning designation. Extensive entitlements?including the Alvord Master Plan, archaeological clearance, and pre-reviewed infrastructure?substantially reduce planning risk and development timelines. This parcel's size, location, zoning, and entitlement status collectively position The Alvord School as a rare opportunity for hospitality, residential, mixed-use, institutional, medical, or educational redevelopment. Business Capital District Zoning (BCD) One of Santa Fe's most flexible zoning categories permits:, Hotel / Hospitality, Office / Medical / Dental, Educational facilities, Nonprofit or institutional headquarters, Residential: multifamily, condominiums, live/work, Retail, café, restaurant, service commercial, Cultural uses: museums, galleries, performing arts, Religious and assembly use. No strict density limits; development governed by height zones and Master Plan parameters. The Santa Fe Railyard is a nationally recognized arts, culture, and mixed-use district including: Santa Fe Farmers' Market, Violet Crown Cinema, SITE Santa Fe, El Museo Cultural, Railyard Plaza + Public Green, REI, Rail Trail + Santa Fe Depot Transit-Oriented Development Potential: Walkability to transit, Proximity to amenities, Reduced parking requirements, Integration with mixed-use environment

1625 Paseo De Peralta | MLS# 202505309

This commercial property located at 1625 Paseo De Peralta, Santa Fe, NM 87501 is currently listed for sale with an asking price of $10,000,000. Search Santa Fe real estate on tduckett.cblegacy.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 2.90 Acres
Year Built: 1931

Feature Descriptions

Days on Site: 130
Parcel#: 099307774
Security: Surveillance System
Utilities: Electricity Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: Real Estate Advisors, LLC
Agency Phone: (505) 539-3200

Shown By

Agent Name: Tori Duckett
Agent Phone: (505) 610-8286
Agency Title: Coldwell Banker Legacy

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 12:00:12 AM EST) or SWMLS (last updated Fri 04/17/2026 10:55:41 PM EST) or Santa Fe MLS (last updated Fri 04/17/2026 11:14:01 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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