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69 and 71 State Hwy 522

El Prado, NM 87529
  • $499,000
  • STATUS: Active
  • ON SITE: 670 Days
  • MLS #: 109221
Price Reduced
$499,000
  • 0
    BEDS
  • 1.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,600
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1956
County:

School Ratings & Info

[Taos County Association of Realtors] logo Listing provided courtesy of Coldwell Banker Mountain Properties: 575-377-1192.

Description

An Investor's paradise! Finally, an absolute MUST-SEE North Side location with endless possibilities, no restrictions and water rights! This two-building, 1.56-acre property consists of an adorable 1,300 square foot casita with open concept 2-bedroom, 1 bathroom plus office/den floor plan. The second building is an exceptional 2,600 square foot multi-use space that began as a residence and then, over the years, was converted to a variety of businesses. This commercial building is a true adobe with stone entry floors, nichos, unique ceilings and a Kiva fireplace. You could lease/rent out both the residential casita long or short term, and the large building could be a cannabis shop, gallery, retail shop, wedding venue, bookstore, ADU or any other business venture; just a few ideas for a buyer to further research what the county zoning will allow. Imagine outdoor seating along the water feature with Taos Mountain direct views in the background, listening to a live band perform. Or, convert it back into another residence. This property has enough space for beautiful gardens/farming, has irrigation ditch water rights, is fully fenced, and gated. Live in the casita while making the rest of one's dreams come true. With easy access from State Highway 522, this property is easily seen, but sits far enough from the road for your privacy. There are also two ways to enter and exit the property. Anyone traveling to Red River from Taos, or from Taos to Red River, passes this property. The acreage allows for plenty of parking, and an abundance of space for the gardening enthusiast, or your heart's desire. There is also a lighted exterior sign facing the main street just waiting for the buyer's new business name. There are so many options and opportunities with this property for the next buyer. This is perfect for the person who can think outside of the box and is a great property for the right investor. Priced below market, with the right renovations, this property could easily surpass the $1 million mark for value. Roll-up your sleeves, bring your tools, and turn this into a magical and successful venture. So much opportunity abounds with renovations. Enjoy the tranquility and direct, breathtaking views of the Taos Mountains! Located just minutes from the Taos Plaza, shopping, the Gorge Bridge, Taos Ski Valley and more! Let your Dreams become a Reality with this one! A home inspection of both buildings was completed, and the sellers have completed all repairs. In addition, the villa/casita has been entirely painted inside, a new custom range and range hood, new carpeting, new wood stove, new gas heater in the dining room, new window coverings and updated electric. Seller has also installed new well pump and mechanicals, as it has its own well, including one of the nicest well houses in the Taos area, and a new gas meter in the second building. All updates and repairs have totaled over $80,000 in preparation for the new owners! This is Back on Market at no fault of the sellers. Also, a new permitted leach field has been installed. Opportunities abound with this one!

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© 2024 Taos Association of Realtors MLS, Inc. All rights reserved. Data last updated: 2024-06-15T00:29:08.617.
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of TCAR MLS, Inc. Real estate listings held by brokers other than Angel Fire Real Estate & Land Co. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real state, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. TCAR MLS, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. TCAR MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, PR USE OF THIS MATERIAL.

Publisher’s Notice: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

TCAR MLS, Inc. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.angelfireresortrealestate.com/homes/132136150
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69 and 71 State Hwy 522 El Prado, NM 87529

  • Price: $499,000
  • Status: Active
  • On Site: 670 Days
  • MLS #: 109221
0
Beds
0
Baths
0
½ Baths
1.56
Acres
2,600
SQFT
$192
$/SQFT
1956
Built
Neighborhood:
None
County:
Taos
Area:
El Prado (19A)
Property Description
An Investor's paradise! Finally, an absolute MUST-SEE North Side location with endless possibilities, no restrictions and water rights! This two-building, 1.56-acre property consists of an adorable 1,300 square foot casita with open concept 2-bedroom, 1 bathroom plus office/den floor plan. The second building is an exceptional 2,600 square foot multi-use space that began as a residence and then, over the years, was converted to a variety of businesses. This commercial building is a true adobe with stone entry floors, nichos, unique ceilings and a Kiva fireplace. You could lease/rent out both the residential casita long or short term, and the large building could be a cannabis shop, gallery, retail shop, wedding venue, bookstore, ADU or any other business venture; just a few ideas for a buyer to further research what the county zoning will allow. Imagine outdoor seating along the water feature with Taos Mountain direct views in the background, listening to a live band perform. Or, convert it back into another residence. This property has enough space for beautiful gardens/farming, has irrigation ditch water rights, is fully fenced, and gated. Live in the casita while making the rest of one's dreams come true. With easy access from State Highway 522, this property is easily seen, but sits far enough from the road for your privacy. There are also two ways to enter and exit the property. Anyone traveling to Red River from Taos, or from Taos to Red River, passes this property. The acreage allows for plenty of parking, and an abundance of space for the gardening enthusiast, or your heart's desire. There is also a lighted exterior sign facing the main street just waiting for the buyer's new business name. There are so many options and opportunities with this property for the next buyer. This is perfect for the person who can think outside of the box and is a great property for the right investor. Priced below market, with the right renovations, this property could easily surpass the $1 million mark for value. Roll-up your sleeves, bring your tools, and turn this into a magical and successful venture. So much opportunity abounds with renovations. Enjoy the tranquility and direct, breathtaking views of the Taos Mountains! Located just minutes from the Taos Plaza, shopping, the Gorge Bridge, Taos Ski Valley and more! Let your Dreams become a Reality with this one! A home inspection of both buildings was completed, and the sellers have completed all repairs. In addition, the villa/casita has been entirely painted inside, a new custom range and range hood, new carpeting, new wood stove, new gas heater in the dining room, new window coverings and updated electric. Seller has also installed new well pump and mechanicals, as it has its own well, including one of the nicest well houses in the Taos area, and a new gas meter in the second building. All updates and repairs have totaled over $80,000 in preparation for the new owners! This is Back on Market at no fault of the sellers. Also, a new permitted leach field has been installed. Opportunities abound with this one!
Exterior Features

Construction Materials Stucco Adobe Exterior Features Landscaping Security Lighting Parking Features Parking Spaces Roof Bitumen Flat Metal

Interior Features

Fireplace YN Yes Heating Fireplaces Wall Furnace Heating YN Yes

Property Features

Association Fee2 0 Current Use Restaurant Disclosures Water Rights Lease Considered YN No Lease Term Other Listing Agreement Exclusive Right To Sell Occupant Type Vacant Property Sub Type Building Land Road Frontage Type State Road Sewer Septic Tank Tax Legal Description S25 T26 N R12 E Pt Tr 21 Map 4 Survey 2 Tract A Utilities Cable Available Electricity Available Natural Gas Available Separate Meters Vegetation Mixed Water Source See Remarks Shared Well

© 2024 Taos Association of Realtors MLS, Inc. All rights reserved. Data last updated: 2024-06-15T00:29:08.617.
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of TCAR MLS, Inc. Real estate listings held by brokers other than Angel Fire Real Estate & Land Co. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real state, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. TCAR MLS, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. TCAR MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, PR USE OF THIS MATERIAL.

Publisher’s Notice: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

TCAR MLS, Inc. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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Logo
Angel Fire Real Estate & Land Co.
10 North Angel Fire Rd.
Angel Fire NM, 87710
[Taos County Association of Realtors] logo Listing provided courtesy of Coldwell Banker Mountain Properties: 575-377-1192.