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Retail Property 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 Market64

Property Features for 107 Morada Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Neighborhood Co
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 Radiant, Forced Air, Hot Water(Heating)
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: Oct 16 Last Checked: Oct 22 at 7:06PM
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.

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Investment Insights

Based on property information with market context.

This retail property includes three contiguous parcels totaling approximately 0.59 acre and an existing gallery building. The improvements feature stucco and frame construction, a metal roof, landscaping, and multiple heating systems, including forced air, radiant, and hot water heat. Public water serves the property.

Located at 107 Morada Lane in Taos, the property sits just off Taos Plaza in an established setting near galleries, restaurants, shops, and the historic Plaza. The real estate is offered separately; the gallery business and artwork are not included.

Key Highlights

  • Three contiguous parcels totaling approximately 0.59 acre
  • Existing gallery building near Taos Plaza
  • 107 Morada Lane, Taos, NM 87571

Property Analytics

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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
78k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 34% Shops & Services 14% Apparel 8%
Smith's Groceries
29,874 visits/mo 0.3 miles
McDonald's Dining
26,209 visits/mo 0.2 miles
Smith's Fuel Center Shops & Services
10,869 visits/mo 0.3 miles
Big 5 Sporting Goods Apparel
6,469 visits/mo 0.2 miles
Verizon Electronics
2,164 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Three connected parcels with an existing gallery building near Taos Plaza and the surrounding retail district.
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: Three contiguous parcels totaling approximately 0.59 acre; Existing gallery building near Taos Plaza; 107 Morada Lane, Taos, NM 87571
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