152 N Terrace Avenue new Save Request In-Person Tour Request Virtual Tour
Nogales,AZ 85621
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6925037
Year Built 1968
Annual Tax Amount $16,770
Tax Year 2024
Lot Size 1.720 Acres
Acres 1.72
Source Arizona Regional Multiple Listing Service (ARMLS)
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 Santa Cruz
Zoning 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 Electric
Cooling Office Evap
Flooring Concrete
Exterior
Parking Features Parking Lot,Private,Fee
Fence None
Roof Type Built-Up
Private Pool No
Building
Dwelling Type Commercial
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 101-46-016
Disclosures None