Joi Banks-Schmidt - Coldwell Banker Legacy
62 Ranchos Plaza
Taos, NM 87571

Description

Ranchos Plaza is the southern gateway from Santa Fe and Albuquerque to Taos, a community of restored properties, artists, cultural diversity, and outdoor recreation. The property at 62 Ranchos Plaza, faces the plaza and has store front access. This .35-acre parcel supports 10 rental units and retail space that neighbors St. Frances de Assisi Church. Apartment numbers 1-6 are mixed construction with adobe walls. Included is the historic Territorial which was the original family home built in the 1920's. Restoration has been started in this unit, and it has two stories with dormer windows. Apartments 1-6 are shaded by trees and have a great view of the St. Frances de Assisi Church. Apartments 7-9 are also mixed construction, and boast Viga ceilings. Apt 8 has large windows with hand carved wood features. Restoration has been started in Apartment 9 and it has the beginnings of coved ceilings. The store front unit has a kitchen space, with two large rooms that can be a gallery, work area, or studio, with a bath.There is plenty of off plaza parking in this investment property which could be developed and rented as apartments, live work space, private or communal studio or office space, or retail space. The units are on well water and El Valle Sewer with 10 individual hookups! Ranchos Plaza was built in the early 19th century and is one of the oldest surviving Spanish settlements in the Taos area. This is your chance to be the pioneer developer!

Details

MLS#201705312
Sub-TypeResale
StatusActive
Days On Site279

Features

SQ Feet5,222
Story(s)1

Loading Form

Loading Form

Area Information

StateNM
CountyTaos
CityTaos
Zip Code87571
Area70-Taos and Environ
Listing VS Median (in 87571)
Price:
$350,000
low | high
Med:
$477,000
13.714285714286% of Average
SqFt:
5,222
low | high
Med:
1,200
100% of Average
$ / SqFt:
$67
low | high
Med:
$794
100% of Average
On Site:
279
low | high
Med:
120.5
100% of Average
Listing Updated: 08/17/2018
MLS Number: 201705312
Listing Provided By:
Sharon Bumpas Gilster  of  High Country RE Services