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152 N Terrace Avenue, Nogales, AZ 85621
$6,000,000





































Property Type:
Comm/Industry Sale
Square Footage:
24,910
Lot Size (sq. ft.):
74,923
Status:
Active
Current Price:
$6,000,000
List Date:
9/26/2025
Last Modified:
9/26/2025
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,
Supplements: 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.
More Information MLS# 6925037
Contract Info
Current Price: $6,000,000
List Price: $6,000,000
Status: Active
List Date: 2025-09-25
Ownership: Fee Simple
Location Tax Legal
House Number: 152
Compass: N
Street Name: Terrace
St Suffix: Avenue
City/Town Code: Nogales
State/Province: AZ
Zip Code: 85621
County Code: Santa Cruz
Assessor Number: 101-46-016
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 24910
# of Buildings: 13
Year Built: 1968
Uncvrd Parking Spcs: 165
Zoning: GC
Flood Zone: No
Remarks Misc
Directions: 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.
Geo Lat: 31.33449
Geo Lon: -110.942495
Legal Info
Township: 24S
Range: 13E
Section: 18
Lot Number: 3B
Income Expenses
Gross Annual Sch Inc: 551992.18
Net Operating Income: 522751.94
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Commercial
Business Type: Mixed
Construction: Brick
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Office Evap
Loading Facilities: Dock High
Fencing: None
Parking Features: Fee; Parking Lot; Private
Electric: Unisource
Gas: Unisource
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Lockbox Type: None
Source of Fincl Data: Owner
Environmental: None
Documents
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 26 - 2025

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