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Duplex with Anchor Tenant
For Sale
$485,000

707 Paseo Del Pueblo Sur, Taos, NM 87571

Duplex near a busy intersection with parking behind the building and one unit currently vacant.

Property SizeContact for details
Days on Market273

Property Features for 707 Paseo Del Pueblo Sur

General Information

Standard status Active
Occupancy 50%

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,812

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Taos Real Estate
Listed By: Dawn Grainger · License #42630
Source: Exprealty
Added: Jan 30 Changed: Oct 27 Last Checked: Oct 28 at 2:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Taos Real Estate

Rey
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Investment Insights

Based on property information with market context.

This commercial duplex offers two separate units with a practical, income-oriented setup. One unit is leased to a strong anchor tenant under a historically strong lease, with four years remaining. The second unit is currently vacant.

The property is located close to a very busy intersection, and it includes plenty of parking behind the building. This combination supports straightforward tenant access and convenient on-site parking for occupants and visitors.

Overall, the duplex provides an opportunity to acquire a two-unit residential income property with an in-place lease on one side and flexibility with the currently vacant unit on the other.

Key Highlights

  • Commercial duplex near a very busy intersection
  • Strong anchor tenant in place with historically strong lease and 4 years remaining
  • Second unit is currently vacant

Property Analytics

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Lease Details

50%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

667
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Duplex near a busy intersection with parking behind the building and one unit currently vacant.
Where is this duplex located?
The property is located at 707 Paseo Del Pueblo Sur Taos, NM.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Commercial duplex near a very busy intersection; Strong anchor tenant in place with historically strong lease and 4 years remaining; Second unit is currently vacant
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