Remarks

Discover this amazing retail option which has never been on the market before. The same family has owned these properties for over 97 years. This commercial listing consists of a single tenant with 2 retail spaces 3,969 square feet with a gross building area of 8,027 square foot with a full basement. This space is occupied by a long-term tenant. The North Plaza store is fronted by a one-way street with angled parking that is metered. Unit 117 is a long and narrow (9’wide) unit that contains approximately 617 square feet. This unit is not self-contained as it does not have a restroom. The zoning /restrictions are CBD, Central Business District in the Town of Taos. It is also located in the Historic Overlay District of Taos and buyers should consult with the Historic Authority on rules and regulations. The Taos Plaza is located in the approximate center of the CBD and is its focal point. The Taos Plaza is relatively small area but very popular with tourists. Within the boundaries of a Historic District, a Certificate of Appropriateness must be issued by the Commission prior to any alteration, new construction, demolition, or change of use. Taos Plaza’s national significance is recognized by its listing as a contributing property within the Taos Downtown Historic District in the National Register of Historic Places (NRHP). It is nationally significant for its architecture which reflects its importance as a meeting place of many cultures and famous people. Spanish Colonial Style Buildings stand by Territorial, Mission Revival and Spanish Pueblo Revival buildings. This property is located within the rural area of Taos County between the Town of Taos and Taos Ski Valley. The same family has owned these properties for over 97 years and opened the first pharmacy on the Plaza, Rexall Drug store. In 1932, a fire destroyed most on the buildings on the north side of the plaza. The current subject improvements were constructed following this fire, with the pharmacy/drug store use continuing for several decades. The soda fountain still remains in the store and is currently in use for tourists. This is a very popular retail store and is a fan favorite for tourists. This tenant has been there for over 35+ years.

Details

MLS#: 110740
Price: $1,053,000

Style: Retail

County: Taos
Tax Fee: 3615.8099999999999