Unfortunately it's only possible to archive a space on Confluence. The following doc teaches you how to achieve that: https://confluence.atlassian.com/display/ConfCloud/Archive+a+Space
We have an open feature request regarding this matter: https://jira.atlassian.com/browse/CONF-31010
Please feel free to add your comments and vote for it to make it more noticeable to our developers. Also refer to Implementation of New Feature Policy for more information on Atlassian's approach to the development of these improvements.
Hope this helps!
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