62 Saint Francis Plz #64, Ranchos De Taos, NM 87557

Contractor Special – Heavy Fixer with Tremendous Upside. Offered at less than $63 per GLA square foot (approx. 5,953 SF) — or just $55 per total finished square foot including 912 SF of non-conforming space — this multi-family property presents exceptional potential for renovation, resale, or income generation from leasing 7–8 units (depending on final layout, currently vacant). Situated on vibrant and historic St. Francis Plaza, literally steps from where Ansel Adams captured his famous 1929 photograph of the St. Francis de Assisi Mission Church, this is a truly rare opportunity. The property includes both adobe and frame construction and has been carefully prepared for renovation: legal access directly from St. Francis Plaza, a formalized lot split with survey, tentative community water agreement (currently served by private well with surface water rights, municipal sewer), plus asbestos abatement, architectural plans, and substantial interior demolition already completed. Now positioned for permitting, this property is ready for the right buyer to bring the project to completion.