107 Morada LnTaos, NM 87571

Property Details for 107 Morada Ln

Lot size

0.57 AC

Property size (Sq ft)

2,035 SF

Property type

Other commercial real estate

Property subtype

Other warehouses

Description

This exceptional 2,035 square foot commercial warehouse, situated on a 0.57-acre lot in Taos, New Mexico, presents a unique investment opportunity. Located at 107 Morada Ln, Taos, NM 87571, this property boasts a C-1 zoning designation, allowing for diverse uses, including multi-family residential development up to R-14 density. The existing structure features high exposed ceilings, textured tile flooring, and ample natural and track lighting, creating a contemporary and versatile space. A utilitarian work area, kitchen, and multiple exits enhance functionality. The property includes ample open parking and a generous paved backyard ideal for outdoor events, dotted with mature trees. Its prime location offers excellent visibility and high foot and drive-by traffic, being just a short distance from Taos Plaza and its bustling commercial district. The property comprises three lots, with two additional lots available for future development, providing significant expansion potential. The asking price is $2,000,000, with a price per square foot of $982.80. This property offers an exceptional blend of existing commercial space and significant development potential in a highly desirable Taos location, making it an attractive investment for both immediate use and future growth. Excellent visibility on Kit Carson Road/US 64, Taos's main east-west road, ensures high traffic exposure.

Location Insight

City

Taos

County

Taos

State

New Mexico

Latitude

36.4616

Longitude

-105.608

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