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Mixed-Use Commercial Block
For Sale
$6,000,000

152 N Terrace Ave, Nogales, AZ 85621

Multi-asset property combines retail, office, apartment, parking, ATM, and cellular infrastructure components.

Property Size24,910 SF
Lot Size1.72 Acres
Price / SF$240.87
Days on Market665

Property Features for 152 N Terrace Ave

General Information

Standard status Active
Size 24,910 SF
Total Parking Spaces 155
Lot size 1.72 Acres
Property subtype Commercial

Amenities

ATM installations
cellular infrastructure tower

Building Details

Year Built 1968
Tenancy Multi
Listing Agency: Realty Executives Arizona Territory
Listed By: Tiffany Tolley · License #SA646114000
Source: Searchphxproperties
Added: Nov 3, 2024 Changed: Aug 28 Last Checked: Aug 28 at 12:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Arizona Territory

Investment Insights

Based on property information with market context.

This mixed-use commercial property comprises 13 contiguous parcels totaling approximately 1.716 acres. Improvements include a 20,482-square-foot big-box retail building, a four-unit office/apartment complex, approximately 155 paid parking spaces, multiple ATM installations, and a cellular infrastructure tower. The property was built in 1968 and has a total reported property size of 24,910 square feet.

The block occupies a high-visibility intersection in the historic downtown corridor of Nogales, Arizona, a short distance north of the U.S.-Mexico border and the Dennis DeConcini Port of Entry. Its downtown setting and proximity to the port place the property within a corridor associated with trade, logistics, and cross-border commerce. The offering also includes established long-term tenants and underutilized parcels identified for potential redevelopment or re-tenanting.

Key Highlights

  • Approximately 1.716‑acre commercial property spanning 13 contiguous parcels
  • 20,482‑square‑foot big‑box retail building
  • Four‑unit office/apartment complex included

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Pharmacy Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby

Demographics for 85621, AZ

21,730
Population
8,244
Households
2.6
Avg Household Size
38
Median Age
19%
College-Educated
69%
High-School Grad
284.9 sq mi
ZIP Area
76
Density / Sq Mi
$41,309
Median Household Income
$31,270
Median Earnings
$700
Median Rent
$173,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-asset property combines retail, office, apartment, parking, ATM, and cellular infrastructure components.
Where is this mixed-use property located?
The property is located at 152 N Terrace Ave Nogales, AZ.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Approximately 1.716‑acre commercial property spanning 13 contiguous parcels; 20,482‑square‑foot big‑box retail building; Four‑unit office/apartment complex included
More about this property
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