227 Kit Carson Rd, Taos, NM 87571

This exceptional 2.95-acre commercial property presents a unique investment opportunity in the heart of Taos, New Mexico. Located just two blocks from the historic Taos Plaza, this property boasts a prime location with convenient access to shopping, dining, art galleries, and hiking trails. The site is strategically positioned near a luxury resort, enhancing its appeal and potential for high occupancy rates. The property includes three parcels zoned C1 and R4, offering flexibility for a variety of development options. Previous approvals exist for a hotel/condo development with the potential for 60+ units. All necessary utilities and infrastructure are already in place, simplifying the development process. Adding to the property's value is a small multi-tenant rental structure situated on a separate parcel at 122 Las Cruces Lane, providing immediate rental income. Dual access points from Kit Carson Road and Las Cruces Lane ensure easy accessibility for both residents and guests. The main building encompasses 1,159 square feet, offering additional development possibilities. This is a rare opportunity to acquire an irreplaceable property in a highly desirable location with significant development potential. The existing infrastructure and zoning make this an attractive proposition for developers seeking a high-return investment in a thriving tourist destination.