1625 Paseo de Peralta, Santa Fe, NM 87501
sale
$8,200,000
|
Other
Courtesy Of Real Estate Advisors, LLC
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, cafe, 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
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Property Features
- Age: Over 50 Years Old
- Legal Description: Property 1 Tract A as shown on plat of survey entitled "Lot Split Survey of 551 Alarid Street Into Tract A & Tract B Lying and Being Situated Projected Section 26 & 27, T.17N., R.09E., N.M.P.M., in the City and County of Santa Fe, New Mexico", recorded on August 20, 2018 in Plat Book 838, Page 040, as Instrument No. 1865543, records of Santa Fe County, New Mexico. AND Property 2 Tract B as shown on plat of survey entitled "Lot Split Survey of 551 Alarid Street Into Tract A & Tract B Lying and Being Situated Projected Section 26 & 27, T.17N., R.09E., N.M.P.M., in the City and County of Santa Fe, New Mexico", recorded on August 20, 2018 in Plat Book 838, Page 040, as Instrument No. 1865543, records of Santa Fe County, New Mexico.
- MLSID: 202505309
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