Active

705 Paseo del Pueblo Sur

Taos NM, 87571-0000

$1,300,000


$173.33 per sqft

Active

7,500 sqft

Commercial

Built in 1875

PRIME INVESTMENT + ADDITIONAL DEVELOPMENT OPPORTUNITY IN TAOS! Commercial investment property with strong occupancy and lease history. The property is comprised of two buildings with gross building area of approximately 7500 SF on 1.022 acres. The complex includes two buildings at the SE Corner of Paseo del Pueblo Sur: Song's Chinese restaurant - 3000 SF, and the former law office building, a beautiful adobe, consisting of four suites surrounding a courtyard - 4500 SF. The corner site presents a prime redevelopment drive-thru opportunity at one of Taos' most visible commercial intersections. The property is fully leased, with a strong occupancy and leasing history. Financial information is available upon request to listing broker and an executed NDA. The site is located upon the main commercial corridor, directly east of Albertson's supermarket and shopping center, at the entrance street to Taos High School. The site enjoys high visibility, ample parking, good traffic flow to both Paseo del Pueblo Sur and La Posta Rd. will serve a drive-thru and tenants. The adobe offices and courtyard are historic and well-maintained, with recent renovations and additions. This property is both a strong investment and development opportunity! Any recorded documents regarding this property are provided as a courtesy only. Buyers should only rely on the documents provided by title and any survey. Neither the Listing Broker nor the Seller warranty the square footage of the buildings or the acreage of the property. If the size of the buildings or the acreage of the property is of any material consideration to the buyer, then the buyer should have it measured and/or surveyed and act accordingly before finalizing any transaction.

112560

MLS ID

November 9, 2024

Listed

December 18, 2024

Updated

Map

705 Paseo del Pueblo Sur
Taos NM, 87571-0000

Interior Features

Fireplace

Yes


Cooling

No


Heating

Yes


Heating Description

Baseboard, Fireplace(s), Hot Water, Other, Radiant

Exterior/Building Features

Lot Size

0.6 Acres


Roof

Bitumen


Sewer

Connected

Other Property Details

Area Name

TOWN OF TAOS (45A)


Taxes

$7,429


Tax Frequency

Annually


Days on Market

40


Garage

No


View

No


Water Source

Drilled Well, Public, Well


Pool

No

Listing Courtesy of Berkshire Hathaway HomeServices Taos Real Estate 575-758-1924.

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ('IDX') program of NM - Taos County Association of REALTORS Inc. (TCAR).  Real estate listings held by brokers other than The Hoffmann Team are marked with the IDX Logo.  All data in this website is deemed reliable but is not guaranteed.

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