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
Overview
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: ... (Read more)
Listing Details MLS# 6925037
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
- Assessor's Map #
- 46
- Assessor's Parcel #
- 16
- Add'l Parcels
- Yes
- Tax Municipality
- Nogales
- Taxes
- 16770.52
- Legal
- See listing documents for full breakdown of legal descriptions and parcel numbers included in the sale.
Contract Info
- Ownership
- Fee Simple
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.
Legal Info
- Township
- 24S
- Range
- 13E
- Section
- 18
- Lot Number
- 3B
Income Expenses
- Gross Annual Sch Inc
- 551992.18
- Net Operating Income
- 522751.94
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
Construction
- Brick
- Yes
Roofing
- Built-Up
- Yes
Floors
- Concrete
- Yes
Income & Expenses
- Annual Ins Exp
- 3535.63
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 551992.18
Building Type
- Commercial
- Yes
Business Type
- Mixed
- Yes
Pmt & Rate Info
- Cap Rate
- 8.71
- Equity
- 6000000
- Total Owed
- 0
Lockbox Type
- None
- Yes
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Office Evap
- Yes
Interior Features
- Finished
- Yes
Loading Facilities
- Dock High
- Yes
Source of Fincl Data
- Owner
- Yes
Fencing
- None
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Fee
- Yes
- Parking Lot
- Yes
- Private
- Yes
Electric
- Unisource
- Yes
Gas
- Unisource
- Yes
New Financing
- Other (See Remarks)
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
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
Interior Features:
Finished
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
Parcels and Legal Descriptions ›
Listing Office:
Realty Executives Arizona Territory
Last Updated: September - 26 - 2025
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