Active

522 Paseo del Pueblo Norte

Taos NM, 87571

$1,773,000


$305.95 per sqft

Active

5 Baths

5,795 sqft

Other

Built in 1950

Located just .9 miles from The Taos Plaza, about a 10-minute walk, you will find this multi-use, 5,795 square foot commercial/residential Pueblo-style building in exceptional condition. This building went through a complete renovation down to the cinder-block exterior walls and completely rebuilt from top to bottom. It currently houses a clothing designer, two massage therapists, two spa treatment specialists, and previously, a ministry's gathering place with offices, reception area, and a stage for entertainment purposes, and offices for a local government agency. The building is currently locked off into three separate sections. The first section has the five office suites with a shared reception area, two bathrooms with one being handicapped accessible, and with a handicapped accessible entrance from the Paseo del Norte side of the building. The center section would make an awesome New York style warehouse loft for a live-work setup, or would make a great meeting/gathering place, wedding, and events venue with a stage for entertainment, dance hall, yoga studio, wellness center, or even a theater room with its state-of-the-art audio and visual electronics system with electronic drop-down movie screen. This section also has a full kitchen, two bathrooms with one being ADA-compliant, a receptionist area and waiting room, and a separate office. You can enter this section of the building from Theodora Street, and a large portal and a handicapped accessible entrance. The third section is the downstairs of the building, which has three office suites, a large storage area, a refrigerator and sink area, full bathroom with shower, and a waiting/reception area. In addition to a beautiful outside garden area, this building has lots of parking spaces available. One could even turn this property into a European-style hostel. There are endless possible configurations of this building that could be created, and the list of upgrades is numerous. The badly needed renovation of this property included new Brai roof, complete stucco work, 2x6 interior constructed walls on the cinderblock with high-grade insulation, all new plumbing and electrical work, new insulated exterior metal clad windows, wood beams above the windows, interior and exterior custom doors throughout, decorative sconces in all of the rooms, Myson radiant heat with decor radiators, a new boiler in the basement, Rinnai LS Series Tankless water heater, an Uponor D'Mand hot water delivery system, two Greenheck energy recovery ventilator systems, refinished oak floors, new carpet and tile floors, security system with added security lights on the exterior, lighted free standing marque for advertising at the front of the building, new gravel for the parking areas, and landscaping that is irrigated by the building's private well. City water is used for the interior of the building, and each room has its own heat control to allow tenants their desired room temperature. This type of renovated building is not often seen in the Taos area. The remodel was completed under the conditions of the Historic Overlay Zone of the Town of Taos along with the Planning and Zoning Commission's review and approval. Every detail was meticulously planned and implemented. One will be pleasantly surprised with both the exterior and interior of this property, and its wonderful location not far from the center of town. Don't let this one pass you by, especially with it already generating income, and absolutely nothing needing to be done inside or outside. Owners had a new roof installed July 2024. This property is now over 80% occupied with only two office suites remaining.

108723

MLS ID

May 23, 2022

Listed

August 27, 2024

Updated

Map

522 Paseo del Pueblo Norte
Taos NM, 87571

Interior Features

Total Bathrooms

5


Full Bathrooms

1


Half Bathrooms

4


Interior Features

Beamed Ceilings, Handicap Access


Appliances

Electric Range, Gas Water Heater, Refrigerator


Floor Description

Carpet, Tile, Wood


Fireplace

No


Fireplace Description

None


Cooling

No


Heating

Yes


Heating Description

Baseboard, Hot Water, Radiant

Exterior/Building Features

Lot Size

0.59 Acres


Exterior Features

Gravel Driveway, Rain Gutters


Lot Features

Cleared, Corner Lot, Drip Irrigation/Bubblers, Garden, Level, Trees, Xeriscape


Architectual Style

Pueblo


Roof

Bitumen, Flat, Shingle


Sewer

Community/Coop Sewer

School Information

High School

Taos


Elementary School

Taos Elementary

Other Property Details

Area Name

TOWN OF TAOS (45A)


Taxes

$6,866


Tax Frequency

Annually


Days on Market

659


Association Fee Frequency

Monthly


Garage

No


Parking

Driveway


View

No


County

TAOS


Water Source

Public, Well


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

7/12/2024

Price change

$1,773,000

-7%

Listing Courtesy of Coldwell Banker Mountain Properties 575-377-1192.

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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