114 Dona Luz Taos, NM 87571
This exceptional 2,106 square foot commercial property is located just 100 yards from the Taos Plaza, in a high-traffic area within the historic and commercial districts. Boasting 10 designated parking spots—a valuable asset given new parking meters—this property features an eye-catching southwestern-style frontage with a covered portal patio. Nearly floor-to-ceiling windows provide abundant natural light and stunning views of Taos Mountain and the Sangre de Cristo range. The interior comprises two large open spaces with high ceilings, adaptable to various uses. A smaller 208 square foot room, currently a conference room, includes large windows and a half bath. A 163 square foot room with a kitchenette and a second half bath is also available. Forced heat and central air conditioning ensure year-round comfort. With a robust rental history spanning over a decade, including uses as a bike shop, childcare center, and real estate brokerage, this property currently enjoys 100% occupancy with a one-year remaining lease. The asking price is $745,000. This property presents a rare opportunity for a diverse range of businesses or a unique live/work arrangement in the heart of Taos. Its versatility makes it ideal for cafes, restaurants, studios, shops, or offices. Don't miss this chance to own prime commercial real estate in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.