522 Paseo del Pueblo Norte, Taos, NM 87571

$1,773,000
List Price
$1,773,000
Price Change
▼ $127,000 1720829788
MLS#
108722
Status
ACTIVE
Acres
0.59
County
Taos
City
Taos

Property Description

Located just .9 miles from The Taos Plaza, about a 10-minute walk, you will find this multi-use, 5,795 square foot commercial/residential Pueblo-style building in exceptional condition. This building went through a complete renovation down to the cinder-block exterior walls and completely rebuilt from top to bottom. It currently houses a clothing designer, two massage therapists, two spa treatment specialists, and previously, a ministry's gathering place with offices, reception area, and a stage for entertainment purposes, and offices for a local government agency. The building is currently locked off into three separate sections. The first section has the five office suites with a shared reception area, two bathrooms with one being handicapped accessible, and with a handicapped accessible entrance from the Paseo del Norte side of the building. The center section would make an awesome New York style warehouse loft for a live-work setup, or would make a great meeting/gathering place, wedding, and events venue with a stage for entertainment, dance hall, yoga studio, wellness center, or even a theater room with its state-of-the-art audio and visual electronics system with electronic drop-down movie screen. This section also has a full kitchen, two bathrooms with one being ADA-compliant, a receptionist area and waiting room, and a separate office. You can enter this section of the building from Theodora Street, and a large portal and a handicapped accessible entrance. The third section is the downstairs of the building, which has three office suites, a large storage area, a refrigerator and sink area, full bathroom with shower, and a waiting/reception area. In addition to a beautiful outside garden area, this building has lots of parking spaces available. One could even turn this property into a European-style hostel. There are endless possible configurations of this building that could be created, and the list of upgrades is numerous. The badly needed renovation of this property included new Brai roof, complete stucco work, 2x6 interior constructed walls on the cinderblock with high-grade insulation, all new plumbing and electrical work, new insulated exterior metal clad windows, wood beams above the windows, interior and exterior custom doors throughout, decorative sconces in all of the rooms, Myson radiant heat with décor radiators, a new boiler in the basement, Rinnai LS Series Tankless water heater, an Uponor D’Mand hot water delivery system, two Greenheck energy recovery ventilator systems, refinished oak floors, new carpet and tile floors, security system with added security lights on the exterior, lighted free standing marque for advertising at the front of the building, new gravel for the parking areas, and landscaping that is irrigated by the building’s private well. City water is used for the interior of the building, and each room has its own heat control to allow tenants their desired room temperature. This type of renovated building is not often seen in the Taos area. The remodel was completed under the conditions of the Historic Overlay Zone of the Town of Taos along with the Planning and Zoning Commission’s review and approval. Every detail was meticulously planned and implemented. One will be pleasantly surprised with both the exterior and interior of this property, and its wonderful location not far from the center of town. Don’t let this one pass you by, especially with it already generating income, and absolutely nothing needing to be done inside or outside. Owners had a new roof installed July 2024. This property is now over 80% occupied with only two office suites remaining.

Additional Information

Heating
Baseboard, Hot Water, Radiant
Water
Drilled Well, Public, Well
Exterior Features
Landscaping, Rain Gutters, Security Lighting
Sewer
Connected
Roof
Bitumen, Composition, Shingle

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Mountain Properties.