About 152 N Terrace Avenue
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.
Features of 152 N Terrace Avenue
MLS® # | 6925037 |
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Price | $6,000,000 |
Square Footage | 24,910 |
Acres | 1.72 |
Year Built | 1968 |
Type | Comm/Industry Sale |
Sub-Type | Commercial |
Status | Active |
Community Information
Address | 152 N Terrace Avenue |
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City | Nogales |
County | Santa Cruz |
State | AZ |
Zip Code | 85621 |
Amenities
Parking Spaces | 165 |
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Parking | Parking Lot, Private, Fee |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Electric |
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Cooling | Office Evap |
Fireplace | No |
Exterior
Roof | Built-Up |
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Construction | Brick |
Additional Information
Zoning | GC |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Realty Executives Arizona Territory |
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