Homes for sale - 152 N Terrace Avenue, Nogales, AZ 85621

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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$6,000,000

Est. payment - /mo

1.72 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6925037

Year Built 1968

Annual Tax Amount $16,770

Tax Year 2024

Lot Size 1.720 Acres

Acres 1.72

Source Arizona Regional Multiple Listing Service (ARMLS)

Property 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.

Location

State AZ

County Santa Cruz

Area Santa Cruz

Zoning GC

Direction 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.

Interior

Heating Electric

Cooling Office Evap

Flooring Concrete

Exterior

Parking Features Parking Lot, Private, Fee

Fence None

Roof Type Built-Up

Private Pool No

Building

Dwelling Type Commercial

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 101-46-016

Disclosures None

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Listed by Realty Executives Arizona Territory

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

152 N Terrace Avenue Nogales, AZ 85621