152 N Terrace Ave, Nogales, AZ 85621
152 N Terrace Ave, Nogales, AZ 85621
152 N Terrace Ave, Nogales, AZ 85621
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Listed by Realty Executives Arizona Territory • Travis Wright Pottinger
$6,000,000
Est. payment /mo
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24,910 SqFt
Pending

152 N Terrace Ave Nogales, AZ 85621

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Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 24,910 sqft

Price per Sqft $240

MLS Listing ID 22522768

Year Built 1968

Annual Tax Amount $16,940

Tax Year 2024

Lot Size 1.716 Acres

Acres 1.72

Lot Dimensions Irregular

Source MLS of Southern Arizona

Property Description

Presenting the Larriva Downtown Nogales Commercial Block- an exceptional opportunity to acquire a prime +/- 1.716-acre commercial property encompassing 13 contiguous parcels. Ideally situated in the heart of downtown Nogales, Arizona - just a few steps north of the U.S.-Mexico border/Dennis DeConcini Port of Entry- this portfolio represents a rare and highly sought-after acquisition.

The offering includes a diverse mix of income-generating assets including a +/- 20,482 square foot big-box retail building, approximately 155 paid parking spaces, a four-unit office/apartment complex, multiple ATM installations, and a cellular infrastructure tower. Positioned at a high-visibility intersection within the city's historic downtown corridor, the property benefits from strong border proximity, supporting trade, logistics, and cross-border commerce.

Anchored by established long-term tenants with consistent rental income, the block also presents compelling upside potential through redevelopment or re-tenanting of underutilized parcels. With both immediate cash flow and long-term value appreciation, this investment offers a unique opportunity to secure a cornerstone position in one of the region's most critical logistics and border commerce hubs.

Location

State AZ

County Santa Cruz

Area Scc-Nogales East

Zoning Nogales - GC

Direction Head south on I-19. The property will be located on the right-hand side, bordered by W. Crawford Street to the north, I-19/N. Sonoita Avenue to the west, and N. Terrace Avenue to the east.

Interior

Heating Heating Electric

Cooling Evaporative Cooling

Exterior

Parking Features Common, Other

Fence None

Utilities Available Sewer Connected

View Y/N No

Roof Type Built-Up - Reflect

Building

Lot Description Dividable Lot, East/West Exposure, North/South Exposure, Subdivided, Corner Lot

Others

Tax ID 101-46-016

Acceptable Financing Conventional, Cash, Submit

Listing Terms Conventional, Cash, Submit

Special Listing Condition None


MLS of Southern Arizona - IDX

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Matthew Dibble

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152 N Terrace Ave