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Retail Space with Gallery Building
For Sale
$1,100,000

107 Morada Lane, Taos, NM 87571

CommercialSale, Taos, NM

Property SizeContact for details
Lot Size0.59 Acres
Days on Market14

Property Features for 107 Morada Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 14 Units Per Ac
Exterior features Landscaping
Directions From Taos Plaza drive East on Kit Carson Road (US 64E) about 0.2 mile to Morada Lane. Turn Left on Morada Lane and property immediately on the Right (corner of Kit Carson & Morada).
Subdivision TOWN OF TAOS (45A)
Standard status Active
Lot size 0.59 Acres

Taxes and HOA fees

Tax Description Per Warranty Deed
Legal Description Per Warranty Deed

Utilities

Heating system Hot Water(Heating), Radiant, Forced Air
Water source Public

Building Details

Building materials Stucco, Frame
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Taos Real Estate
Listed By: Debbie Friday Jagers · License #53208
Added: Aug 20 Changed: Sep 2 Last Checked: Sep 2 at 1:06PM
MLS# 115586

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 retail property comprises three contiguous parcels totaling approximately 0.59 acre, with an existing gallery building and landscaped grounds. The improvements feature stucco and frame construction, a metal roof, public water service, and a combination of forced-air, hot-water, and radiant heating. The property previously housed the Veloy Vigil Gallery; the gallery business and artwork are excluded from the sale.

Located at 107 Morada Lane in Taos, the property sits just off Taos Plaza, within an established area that includes galleries, restaurants, shops, and the historic Plaza. The parcel configuration and existing commercial building support continued retail or gallery-oriented use, subject to applicable requirements.

Key Highlights

  • Approximately 0.59 acre across three contiguous parcels
  • Existing gallery building at 107 Morada Lane
  • Just off Taos Plaza near galleries, restaurants, shops, and the historic Plaza

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Florist (Bike/Boat/Book/etc) Store Dental Office Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

989
Businesses Nearby

Demographics for 87571, NM

11,650
Population
7,038
Households
1.7
Avg Household Size
50
Median Age
44%
College-Educated
92%
High-School Grad
157.7 sq mi
ZIP Area
74
Density / Sq Mi
$55,833
Median Household Income
$27,254
Median Earnings
$1,006
Median Rent
$416,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three contiguous parcels include an existing building and landscaped grounds.
Where is this retail space located?
The property is located at 107 Morada Lane Taos, NM.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approximately 0.59 acre across three contiguous parcels; Existing gallery building at 107 Morada Lane; Just off Taos Plaza near galleries, restaurants, shops, and the historic Plaza
More about this property
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