152 N Terrace Avenue, Nogales, AZ 85621
- $6,000,000
- 24,910
- SqFt
- List Price
- $6,000,000
- Days on Market
- 308
- Status
- ACTIVE
- MLS#
- 6925037
- City
- Nogales
- Living SQFT
- 24,910
- Lot Size
- 74,923
- Year Built
- 1968
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.
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Additional Information
- Acres
- 1.72
- Construction
- Brick
- Cooling
- Office Evap
- Fencing
- None
- Heating
- Electric
- Living Area
- 24,910
- Lot Size
- 74,923
- Parking Features
- Private, Parking Lot, Fee
- Roofing
- Built-Up
- Taxes
- $16,770
- Tax Year
- 2024
- Water
- City Franchise
- Zoning
- GC
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Listing courtesy of Realty Executives Arizona Territory.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.