152 N Terrace Ave Nogales, AZ 85621
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 24,910 sqft
Price per Sqft $240
MLS Listing ID 22522768
Year Built 1968
Annual Tax Amount $16,940
Tax Year 2024
Lot Size 1.716 Acres
Acres 1.72
Lot Dimensions Irregular
Source MLS of Southern Arizona
Property Description
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 Scc-Nogales East
Zoning Nogales - 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 Heating Electric
Cooling Evaporative Cooling
Exterior
Parking Features Common, Other
Fence None
Utilities Available Sewer Connected
View Y/N No
Roof Type Built-Up - Reflect
Building
Lot Description Dividable Lot, East/West Exposure, North/South Exposure, Subdivided, Corner Lot
Others
Tax ID 101-46-016
Acceptable Financing Conventional, Cash, Submit
Listing Terms Conventional, Cash, Submit
Special Listing Condition None
NEARBY SCHOOL & BUSINESS