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    311 Paseo Del Pueblo Norte Taos, NM 87571

    For Sale
    $1,249,000

    Historic District, High Visibility, 4,655 SF

    Property size:
    4,655 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 4,655-square-foot commercial property presents a rare opportunity in the heart of Taos, New Mexico's historic district. Situated on a 0.31-acre lot with prime main street frontage, this building boasts unparalleled visibility and accessibility. Its location offers a short walk to the Taos Plaza, Kit Carson Park, and a vibrant array of shops, galleries, restaurants, and nightlife. The property features two expansive spaces, providing flexibility for a diverse range of uses, including retail, gallery space, office, hospitality, or a live-work arrangement. Recent renovations have enhanced the property's appeal, including a complete kitchenette, a carport with an automatic gate, a state-of-the-art security system, a new boiler, and a resealed roof. The building is equipped with modern amenities such as three-phase electric power and fiber optic internet access. Interior features include attractive brick floors, updated mini-split and evaporative air conditioning systems. On-site and off-street parking is available, adding to the property's convenience and appeal. This is an ideal investment for an owner-user seeking a prominent location or an investor looking for a high-return opportunity in a thriving tourist destination. The property's versatility and prime location make it a truly exceptional offering in the competitive Taos commercial real estate market.

    Property Features for 311 Paseo Del Pueblo Norte

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,655 SF
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Building Supply Law Firm Wholesale Shop Auto Repair Shop Hair Salon Spa & Massage Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.5691
    Latitude
    36.41161

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    FAQs

    What type of property is this?
    Commercial real estate - Historic District, High Visibility, 4,655 SF
    Where is this commercial real estate located?
    The property is located at 311 Paseo Del Pueblo Norte Taos, NM.
    What is the asking price?
    The asking price for this property is $1,249,000.
    (575) 758-1924
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 Paseo Del Pueblo Norte Taos, NM 87571
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