152 N Terrace Ave, Nogales, AZ 85621

$6,000,000

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List Price
$6,000,000
Status
PENDING
Days on Market
394
MLS#
22522768
Subtype
Commercial Sale
Year Built
1968
Lot Size
74,749
Acres
1.72
Neighborhood
SCC-Nogales East
MLS Area Major
Scc-Nogales East

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.

Additional Information

Taxes
$16,940
Zoning
Nogales - GC
Heating
Electric
Air Conditioning
Evaporative Cooling
Roof
Reflective
Parking Features
Common, Other

Listing courtesy of Travis Wright Pottinger from Realty Executives Arizona Territory.

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