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*

$ 41,441

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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 Pending

Price

$ 6,000,000

Property Type

Commercial

Taxes

$ 16,940

Style

Commercial Sale

Lot Size

1.72

Year Built

1968

Town/City

Nogales

County/Region

Santa Cruz

MLS | Web ID

22522768

Features
General
Heating Electric
Cooling Evaporative Cooling
Utilities Sewer Connected
Possession Negotiable
Roof Built-Up - Reflect
Zoning Nogales - GC
Security Features Closed Circuit Camera(s) Alarm Installed Security Lights Window Bars
Construction Materials Brick
Year Built 1968
Tax Year 2024
Parcel Number 101-46-016
Accessibility Wide Hallways Accessible Elevator Installed Accessible Approach with Ramp Wide Doorways
County Santa Cruz
Net Operating Income 522751.94
Insurance Expense 3535.63
Property Type Commercial Sale
Garage Y/N N
Building Features Conference Room Interior Steps Smoke Detector Storage Warehouse
Status Pending
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 Property Profile Seller Prop Disclosure
MLS Area SCC-Nogales East
Lot Size Units Acres
Lot Size Square Feet 74749.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 16940.9
Lease Renewal Y/N N
MLS Area Minor SCC-Nogales East
Additional Parcels Y/N N
Leasable Area 24910.0
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Taxes 16770.52
Cap Rate 8.71
Legal Description See listing documents for full breakdown of legal descriptions and parcel numbers included in the sale.
Senior Community None
New Construction None
Water Body Access Y/N None
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Exterior
Fencing None
Parking Features Common Other
Lot Features Dividable Lot East/West Exposure North/South Exposure Subdivided Corner Lot
Total Parking 165.0
Lot Size Area 1.72
Building Area Total 24910.0
Lot Dimensions Irregular
Lot Size Acres 1.72
Road Surface Type Paved
Other Parking Public Parking Private Parking Free Fee
Lot Size Source Assessor
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 152
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* Excluded Features
List By
Travis Wright Pottinger

Listing Agent

Affordability Calculator

$42,852
Per Month
97%
3%
0%
Monthly Principal & Interest
$41,441
Monthly Property Taxes
$1,412
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
406880 Elementary School
406977 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2025$6,000,000 Listed Price

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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