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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