152 N Terrace Avenue Nogales, AZ $ 6,000,000
152 N Terrace Avenue
$ 6,000,000
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152 N Terrace Avenue

Nogales, AZ, 85621
$ 6,000,000
Bedrooms-- Baths-- Sq 24,910

Monthly Estimate*

$ 37,432

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Commercial Property for sale in Nogales, AZ

for $6,000,000. This 24,910 square foot building was built in 1968 on a lot size of 1.72.

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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Commercial Active

Price

$ 6,000,000

Property Type

Commercial

Taxes

$ 16,770

Style

Comm/Industry Sale

Lot Size

1.72

Year Built

1968

Town/City

Nogales

County/Region

Santa Cruz

MLS | Web ID

6925037

Features
General
Sewer Public Sewer
Heating Electric
Cooling Office Evap
Roof Built-Up
Zoning GC
Construction Materials Brick
Year Built 1968
Electric Unisource
Township 24S
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 551992.18
Business Type Mixed
County Santa Cruz
Net Operating Income 522751.94
Insurance Expense 3535.63
Property Type Comm/Industry Sale
Attached Garage N
Status Active
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.
City Nogales
Disclosures None
Open Parking Spaces 165.0
Lot Size Units Square Feet
Lot Size Square Feet 74923.2
Carport Y/N N
Tax Annual Amount 16770.52
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Commercial
Standard Status Active
Tax Lot 3B
Cap Rate 8.71
Senior Community N
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Interior
Flooring Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Fencing None
Parking Features Parking Lot Private Fee
Water Source City Franchise
Total Parking 165.0
Lot Size Area 74923.2
Number of Buildings 13
Spa N
Lot Size Acres 1.72
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 152
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* Excluded Features
List By
Realty Executives Arizona Territory

Broker

tiffanytolley@gmail.com

Email

Affordability Calculator

$38,830
Per Month
96%
4%
0%
Monthly Principal & Interest
$37,432
Monthly Property Taxes
$1,398
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2025$6,000,000 Listed Price

Map


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152 N Terrace Avenue, Nogales, AZ, 85621 is a Commercial Property for sale at $6,000,000 with 24,910 sqft and a lot size of 1.72. 152 N Terrace Avenue was built in 1968. The property's zip code is 85621 which is in Nogales, AZ