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Adobe Concert Venue with Liquor License
For Sale
$3,999,999

9 NM 150, El Prado, NM 87529

COMMERCIAL - El Prado, NM

Property SizeContact for details
Lot Size3.01 Acres
Days on Market65

Property Features for 9 NM 150

General Information

Property type Commercial Sale
Property subtype Other
Security features Security
Exterior features Landscaping, SecurityLighting
Directions At the intersection of US 64 and NM 150, go right toward Arroyo Seco and Taos Ski Valley. Take first right into shared parking lot, and take first left to KTAO Solar Center.
Subdivision EL PRADO (19A)
Standard status Active
Lot size 3.01 Acres

Taxes and HOA fees

Tax Description 3.1 acres, part of tract 3, map 5, sur 2,treact A, quad 3, Sec 30 Twp 26N, Rge13E
Legal Description 3.1 acres, part of tract 3, map 5, sur 2,treact A, quad 3, Sec 30 Twp 26N, Rge13E

Utilities

Sewer type Septic Tank
Heating system Baseboard, Radiant, Hot Water(Heating)
Cooling system Central Air
Water source Well

Building Details

Number of units 5
Building materials Adobe, Frame, SteelFrame
Roof type Metal
Listing Agency: Sotheby's International Realty Taos
Listed By: David Cordova · License #49328
Added: Jun 19 Changed: Aug 19 Last Checked: Aug 22 at 8:06PM
MLS# 115229

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.

The property comprises a 3.01-acre commercial venue with an adobe building, indoor and outdoor event areas, restaurant and bar infrastructure, a solar kitchen, tiki bar, indoor stage, music pavilion, dance floor, and performance-ready sound areas. Additional features include fireplaces, a wood-burning stove, vigas, radiant heat, central air, landscaping, security lighting, a metal roof, well water, and septic service. A transferable full liquor license is included.

The venue is positioned along NM 150 between the Town of Taos, Taos Ski Valley, and Taos Regional Airport. It provides parking for approximately 202 vehicles and capacity for 400+ guests. Existing event infrastructure supports concerts, festivals, private functions, food and beverage operations, markets, conferences, and community programming. Current tenants occupy the property under a yearly lease and would like to continue after a sale if possible.

Key Highlights

  • 3.01‑acre commercial venue on NM 150 in El Prado
  • 11,200 sq. ft. adobe venue with indoor and outdoor event areas
  • Capacity for 400+ guests with approximately 202 parking spaces

Property Analytics

Current Use

Theaters & concert halls

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
6,724 visits/mo 0.2 miles

Demographics for 87529, NM

4,846
Population
2,892
Households
1.7
Avg Household Size
51
Median Age
39%
College-Educated
96%
High-School Grad
64.9 sq mi
ZIP Area
75
Density / Sq Mi
$68,370
Median Household Income
$22,524
Median Earnings
$1,444
Median Rent
$393,600
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Adobe entertainment venue with indoor and outdoor event areas, restaurant and bar infrastructure, and distinctive Southwest character.
Where is this theater & concert hall located?
The property is located at 9 NM 150 El Prado, NM.
What is the asking price?
The asking price for this property is $3,999,999.
What are key features of this property?
This property features: 3.01‑acre commercial venue on NM 150 in El Prado; 11,200 sq. ft. adobe venue with indoor and outdoor event areas; Capacity for 400+ guests with approximately 202 parking spaces
More about this property
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