● For sale

$6,000,000

152 N Terrace Avenue, Nogales, AZ 85621

Santa Cruz County

24,910 sqft 1.72 acres Built 1968 $241 /sqft No HOA
250 days on market

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.

Property details

Interior

Bathrooms

  • Total Bathrooms: 0

Heating and Cooling

  • Cooling Features: Office Evap
  • Heating Features: Electric
Exterior

Land Info

  • Lot Size Acres: 1.72
  • Lot Size Square Feet: 74,923.2

Garage and Parking

  • Attached Garage: No
  • Parking Features: Private, Parking Lot, Fee
Listing

Other Property Info

  • Annual Tax Amount: $16,771
  • Source Listing Status: Active
  • County: Santa Cruz
  • 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.
  • Parcel Number: 101-46-016
  • Zoning: GC
  • Postal City: Nogales
  • Listing Date: 9/25/2025
  • On Market Date: 9/26/2025
  • MLS#: 6925037
Features

Building and Construction

  • Total Square Feet Living: 24,910
  • Year Built: 1968
  • Property Age: 58
  • Construction Materials: Brick
  • Roof: Built-Up

Utilities

  • Water Source: City Franchise

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Listed by Tiffany Tolley Realty Executives Arizona Territory

Listing updated: September 26, 2025

MLS#: 6925037

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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