723 Paseo del Pueblo Sur

$2,900,000

1 of 10

723 Paseo del Pueblo Sur

$2,900,000

Contact Presenting Broker

    Caroline Russell

    Caroline D. Russell

    (505) 699-0909

    Key Features

    • MLS: T112968
    • Status: Active
    • Price: $2,900,000
    • Area: TOWN OF TAOS (45A)
    • Type: Retail
    • Acres: 3.17

    About this Property

    PRIME INVESTMENT AND DEVELOPMENT OPPORTUNITY IN TAOS, NM! - The Sleepy Boy Tavern and Plaza - a Taos landmark in the heart of Taos' commercial district. - Cash flowing investment property while the entirety is redeveloped. - 3.17 Acres on 4 tracts - a prime retail shopping center opportunity! - 3 main retail buildings for lease, plus 2 outbuildings: Bldg. 1 - approx. 6000SF, 5 retail spaces, including 2000SF residential apartment; Bldg. 2 - approx. 2032SF - retail and office, a former bank and real estate location; Bldg. 3 - approx. 1800SF - office plus shop space. - Steady, long-term tenants. - Signalized Corner of Paseo del Pueblo Sur/NM Hwy 68 & Cruz Alta Rd., ample parking and multiple driveway/access points. - One full city block - 378 feet of main artery frontage. - Highly visible monument signage. The corner presents a prime redevelopment opportunity at one of Taos' most visible commercial intersections. The site is located upon the main commercial corridor, directly east of Albertson's supermarket, Harbor Frieght, Domino's Pizza and Whataburger and directly north of Walgreen's. The site enjoys high visibility, ample parking, good traffic flow to 3 streets, Paseo del Pueblo Sur, Cruz Alta and Cavalry. The property can serve multiple drive-thru pads, a retail shopping development, mixed use and multi-family. This property is both a strong investment and development opportunity! Financial information is available upon request to listing broker and an executed NDA. Any recorded documents regarding this property are provided as a courtesy only. Buyers should only rely on the documents provided by title and any survey. Neither the Listing Broker nor the Seller warranty the square footage of the buildings or the acreage of the property. If the size of the buildings or the acreage of the property is of any material consideration to the buyer, then the buyer should have it measured and/or surveyed and act accordingly before finalizing any transaction.

    Additional Features

    • Type Retail
    • Subdivision None
    • Days On Market 1

    Schools

    Listing Brokerage

    IDX listing

    John Phillips

    Berkshire Hathaway HomeServices Taos Real Estate

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.