62 Ranchos Plaza, Taos NM 87571

$350,000 PRICE
11 BEDROOMS
10 BATHROOMS
5222 SQUARE FEET

Ranchos Plaza is the southern gateway from Santa Fe and Albuquerque to Taos, a community of restored properties, renowned 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 predominantly 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 old growth 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 ¾ bath.
 
There is plenty of off plaza parking in this flexible 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.
 
Be the pioneer developer who initiates the gentrification of the Historic Ranchos Plaza, similar to that of Arroyo Seco.

62 Ranchos Plaza, Taos NM 87571