Description
Live, work, create, invest — repeat. This prime Downtown Taos commercial condo is an investor's dream or entrepreneur's haven. Located right downtown near, galleries, restaurants, and shops and offering a rare blend of stabilized income and creative flexibility. With nearly 2000 sqft across two levels, the possibilities are numerous. The main level has a covered entry, reception area, private office or conference room, storage areas, bathroom and kitchenette. Up the stairs to the 2nd story, there are four private offices, a 2nd bathroom and additional flex spaces for additional office workspace, lounge areas or storage. Currently home to a long-term tenant with a strong multi-year history. Want to keep it leased? Great. Cap rate is 6%! Dreaming of a live/work artist studio, wellness or bodywork space, boutique, gallery, office, or creative hideout? Bring your vision and your dreams — this condo has serious transformation potential, creating exciting owner-user possibilities. Low-maintenance condo dues make ownership easy. A rare opportunity to snag a flexible, income-producing space in one of Taos’ most beloved locations. At $173/sqft-- and this location--- this is a screamin' deal!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,942SQFT
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$173$/SQFT
School Ratings & Info
![[Taos County Association of Realtors] logo](https://static.boomtownroi.com/content/photos/taos/idx/idx-large.gif)
Listing provided courtesy of Jones West: 575-737-9378.Description
Live, work, create, invest — repeat. This prime Downtown Taos commercial condo is an investor's dream or entrepreneur's haven. Located right downtown near, galleries, restaurants, and shops and offering a rare blend of stabilized income and creative flexibility. With nearly 2000 sqft across two levels, the possibilities are numerous. The main level has a covered entry, reception area, private office or conference room, storage areas, bathroom and kitchenette. Up the stairs to the 2nd story, there are four private offices, a 2nd bathroom and additional flex spaces for additional office workspace, lounge areas or storage. Currently home to a long-term tenant with a strong multi-year history. Want to keep it leased? Great. Cap rate is 6%! Dreaming of a live/work artist studio, wellness or bodywork space, boutique, gallery, office, or creative hideout? Bring your vision and your dreams — this condo has serious transformation potential, creating exciting owner-user possibilities. Low-maintenance condo dues make ownership easy. A rare opportunity to snag a flexible, income-producing space in one of Taos’ most beloved locations. At $173/sqft-- and this location--- this is a screamin' deal!
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