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Three-Story Mixed-Use Property
For Sale
$2,500,000

3 Ernie Blake Road, Taos Ski Valley, NM 87525

CommercialSale, Taos Ski Valley, NM

Property SizeContact for details
Lot Size0.34 Acres
Days on Market1278

Property Features for 3 Ernie Blake Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description TSV Comm/Bus
Directions US-64/Paseo Del Pueblo Norte to NM-150N for 9.8 miles. Turn left onto Twining Road 0.3 miles. Turn right to stay on Thunderbird Road 0.1 miles. Turn left onto Ernie Blake Road, proceed to corner of Ernie Blake Road and Twining Road. Building on NWC is "Al's Run".
Subdivision TAOS SKI VALLEY (44A)
Standard status Active
APN 1081161445548
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description As per title binder.
Legal Description As per title binder.

Utilities

Water source Public

Building Details

Year built 1974
Number of units 3
Building materials WoodSiding
Listing Agency: Berkshire Hathaway Home Services Taos Real Estate 2
Listed By: Cyndi Gonzalez · License #51130
Added: Mar 17, 2023 Changed: Sep 6 Last Checked: Sep 14 at 5:06PM
MLS# 109958

Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-story mixed-use building sits on a 0.34-acre property and is currently configured with three tenant spaces. The first level includes a one-bedroom studio and bath, while the upper two floors each contain two bedrooms and two bathrooms. The property is leased on a month-to-month basis, includes dedicated parking for multiple vehicles, and is built with wood siding. Public water serves the site, and the building dates to 1974.

The property is located in Taos Ski Valley near the lift, restaurants, shopping, and seasonal outdoor recreation. A zoning and building height provision allows development exceeding 40 feet from the horizon of Twining Road. The existing layout may be adapted for residential accommodations, retail, food and beverage, or other commercial applications, subject to applicable approvals.

Key Highlights

  • 0.34‑acre mixed‑use property in Taos Ski Valley
  • Three‑story building with three current tenants
  • First floor includes a one‑bedroom studio and bath

Property Analytics

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Current Use

Triplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 87525, NM

91
Population
278
Households
0.3
Avg Household Size
46
Median Age
35%
College-Educated
100%
High-School Grad
18.7 sq mi
ZIP Area
5
Density / Sq Mi
$63,603
Median Earnings
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible building layout combines residential accommodations with opportunities for retail, food and beverage, or other commercial uses.
Where is this mixed-use property located?
The property is located at 3 Ernie Blake Road Taos Ski Valley, NM.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 0.34‑acre mixed‑use property in Taos Ski Valley; Three‑story building with three current tenants; First floor includes a one‑bedroom studio and bath
More about this property
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