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Listed price in listed location currency (USD).
$10,000,000

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MLS® 202505309

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1931
MLS® Number 202505309

Property Address: 1625 Paseo De Peralta, Santa Fe, NM, 87501-3723

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number202505309
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1931
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 8, 2025List Date
$10,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
1625 Paseo De Peralta, Santa Fe, NM

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