For Sale
$2,995,000

113 Plz DrTaos, NM 87571

Historic Taos Plaza, Multi-Tenant Property

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial investment opportunity is located at 113 S Plaza Drive, in the heart of Taos, New Mexico's historic plaza. The property, encompassing 17,000 square feet, consists of three buildings, two of which are two-story structures. These buildings are situated around a charming sculpture garden, creating a unique and attractive setting. The architectural style is a well-maintained and upgraded contemporary pueblo revival, reflecting the rich history and character of Taos. The property enjoys a prime location on the southeast corner of the Taos Plaza, a landmark shopping and tourism destination with high daily foot traffic. Its position within the historic and central business districts ensures excellent visibility and accessibility. Ample parking is available in and around the plaza. The property features a mixed-use configuration, with retail spaces at street level and office spaces on the upper floors. Currently, there are two vacant spaces available, one office and one retail/restaurant space, presenting an immediate opportunity for new tenants or expansion. The existing tenants are a mix of established, long-term businesses, including well-known art galleries, demonstrating the property's stability and appeal. The asking price for this remarkable property is $2,995,000. This is a rare chance to acquire a significant commercial asset in a highly desirable and vibrant location. The lease type is modified, and the tenancy is multi-tenant. The property is zoned for commercial use.

Highlights

  • $2,995,000 asking price.
  • 17,000 square foot industrial property and land in Taos, NM.
  • Multi-tenant commercial property with a modified lease structure.
  • Prime location on the historic Taos Plaza, high visibility and walk-in traffic.
  • Three buildings with a mix of retail and office space; two vacant units available.
  • Established tenants, including art galleries.

Property Details for 113 Plz Dr

Property type
Land, Industrial properties
Square Feet
17,000 SF

Location Insight

City
Taos
County
Taos
State
New Mexico
Latitude
36.4070624
Longitude
-105.5742702
113 Plz Dr, Taos, New Mexico

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113 Plz Dr
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