152 N Terrace Avenue, Nogales, AZ 85621 (MLS# 6925037)

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: 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 opportun ... (Read more)

Listing Details MLS# 6925037

Location, Tax & Legal

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
Uncvrd Parking Spcs: 165
Flood Zone: No

Legal Info

Range: 13E
Section: 18

Construction

Brick: Yes

Roofing

Built-Up: Yes

More Information

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

Showing Notification Methods

Showing Service: No Showing Service Used

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

Documents

Parcels and Legal Descriptions ›

Listing Office: Realty Executives Arizona Territory

Last Updated: September - 26 - 2025

152 N Terrace Avenue, Nogales, AZ 85621 (MLS# 6925037)