Exceptional development opportunity with cash flow. Situated across Paseo de Peralta from the State Capitol building and comprised of 2 parcels on the highly visible and bustling corner of Paseo de Peralta and Old Santa Fe Trail, this thriving commercial property in a prime location offers many options for building, expansion or retention of current tenants. One parcel includes a retail and office building with covered sidewalk, and a rear parking lot and side yard. This building houses Ooh La La Consignment, The Whole Package packing and shipping store and other tenants. The 2nd parcel is the adjacent vacant lot on the corner which is currently being rented on a short term basis to a variety of local and popular food trucks. Across the street from Kaune's Market on Old Santa Fe Trail, they are located on a major route for commuters and visitors coming into the center of town, and just a few blocks south of the Santa Fe Plaza.