1625 Paseo de Peralta

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  • Price: $10,000,000
  • MLS: 202505309
  • Status: Active
  • Type: Mixed Use
  • Acres: 2.9
  • Area: 3N-SF City SE North
  • Total Sqft: 0

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, caf, 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 DepotTransit-Oriented Development Potential: Walkability to transit, Proximity to amenities, Reduced parking requirements, Integration with mixed-use environment

Additional Information

  • Type Mixed Use
  • Days On Market 1
  • UtilitiesElectricity Available
  • Security FeaturesSurveillance System
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.

Presenting Broker

Roxanne Apple
(505) 660-5998
Sotheby's International Realty ®
Email Broker

Neighborhood Info

Santa Fe City Southeast

Santa Fe’s Historic Eastside
With some homes dating back centuries, these neighborhoods boast some of Santa Fe’s most photographed adobe homes and gardens. Hosting a mix of multi-generational families and newcomers, the homes, often hidden behind high walls and accessed by narrow, dirt lanes, recall the city’s early history and lend Santa Fe a unique heritage.

Listing Broker

IDX listing
Tai Bixby
Real Estate Advisors, LLC