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152 N Terrace Avenue

Nogales, AZ 85621
  • $6,000,000
  • STATUS: Active
  • ID#: 22522768
UPDATED: 80 min ago
$6,000,000
  • 0
    BEDS
  • 1.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 24,910
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Courtesy of Realty Executives Arizona Territory.

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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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2026-03-10T20:07:04.61.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Engel & Völkers Tucson are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.tucsonselecthomes.com/homes/167510450
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152 N Terrace Avenue Nogales, AZ 85621

  • Price: $6,000,000
  • Status: Active
  • On Site: Days
  • Updated: 80 min ago
  • ID#: 22522768
0
Beds
0
Baths
0
½ Baths
1.72
Acres
24,910
SQFT
$241
$/SQFT
1968
Built
Neighborhood:
Scc-Nogales East
County:
Santa Cruz
Area:
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.
Exterior Features

Construction Materials Brick Fencing None Lot Features Dividable LotEast/West ExposureNorth/South ExposureSubdividedCorner Lot Other Parking Public ParkingPrivate ParkingFreeFee Parking Features CommonOther Parking Total 165 Roof Built-Up - Reflect Window Features []

Interior Features

Accessibility Features Wide HallwaysAccessible Elevator InstalledAccessible Approach with RampWide Doorways Appliances [] Cooling Evaporative Cooling Cooling YN Yes Heating Electric Heating YN Yes Interior Features []

Property Features

Building Features Conference RoomInterior StepsSmoke DetectorStorageWarehouse Contract Information Method Of Title Fee (Simple) Disclosures Property ProfileSeller Prop Disclosure Electric [] Fema Flood Zone2 No Gross Scheduled Income 551992.18 Insurance Expense 3535.63 Leasable Area 24910 Listing Terms ConventionalCashSubmit Municipal Flood Zone No Natural Gas YN Yes Net Operating Income 522751.94 New Taxes Expense 16770.52 Possession Negotiable Road Surface Type Paved Security Features Closed Circuit Camera(s)Alarm InstalledSecurity LightsWindow Bars Sewer [] Special Listing Conditions None Tax Annual Amount 16940.9 Tax Year 2024 Utilities Sewer Connected Water Source [] Zoning Nogales - GC

Listing provided by Realty Executives Arizona Territory: 520-314-3255. Listing information © 2026 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2026-03-10T20:07:04.61.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Engel & Völkers Tucson are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Engel & Völkers Tucson
2905 E Skyline Drive
Tuscon AZ, 85718
Courtesy of Realty Executives Arizona Territory.