Estimated payment $10,413/month
About This Lot
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 décor 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 is an incredible investment opportunity!
Listing Agent
The Walking Rain of Coldwell Banker Mounta
Coldwell Banker Mountain Properties Listed on: 05/10/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,106
Year Built
- Built in 1950
Lot Details
- 0.59 Acre Lot
- Landscaped
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
- Bitumen Roof
- Stucco
Outdoor Features
- Rain Gutters
Utilities
- Baseboard Heating
- Hot Water Heating System
- Well
- Drilled Well
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,106 | $273,801 | $71,899 | $201,902 |
| 2023 | $7,097 | $273,801 | $71,899 | $201,902 |
| 2022 | $7,081 | $273,801 | $71,899 | $201,902 |
| 2021 | $6,666 | $265,826 | $69,805 | $196,021 |
| 2020 | $6,393 | $265,826 | $69,805 | $196,021 |
| 2019 | $6,773 | $265,826 | $69,805 | $196,021 |
| 2018 | $6,549 | $265,826 | $69,805 | $196,021 |
| 2017 | $6,549 | $265,826 | $69,805 | $196,021 |
| 2016 | $6,569 | $265,826 | $69,805 | $196,021 |
| 2014 | -- | $265,826 | $69,805 | $196,021 |
| 2013 | -- | $265,826 | $69,805 | $196,021 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | Price Changed | $1,773,000 | -6.7% | $306 / Sq Ft |
| 08/28/2023 08/28/23 | Price Changed | $1,900,000 | 0.0% | $328 / Sq Ft |
| 08/28/2023 08/28/23 | For Sale | $1,900,000 | -26.9% | $328 / Sq Ft |
| 02/27/2023 02/27/23 | Off Market | -- | -- | -- |
| 09/14/2022 09/14/22 | Price Changed | $2,600,000 | -3.7% | $449 / Sq Ft |
| 08/01/2022 08/01/22 | Price Changed | $2,700,000 | -6.9% | $466 / Sq Ft |
| 05/10/2022 05/10/22 | For Sale | $2,900,000 | -- | $500 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Enchanted Circle Association of REALTORS®
MLS Number: 108722
APN: 23234
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