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Mixed-Use Property with Retail
For Sale
$6,000,000
Pending

152 N Terrace Avenue, Nogales, AZ 85621

Commercial Sale, Nogales, AZ

Property Size24,910 SF
Lot Size1.72 Acres
Days on Market396

Property Features for 152 N Terrace Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Nogales - GC
Parking 165
Security features Security Lighting
Accessibility Accessible Approach with Ramp, Accessible Elevator Installed, Accessible Doors
Lot features Shrubs, Corner Lot, Dividable Lot, East/ West Exposure, North/ South Exposure, Subdivided
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.
Subdivision SCC-Nogales East
Standard status Pending
APN 101-46-016
Size 24,910 SF
Lot size 1.72 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See listing documents for full breakdown of legal descriptions and parcel numbers included in the sale.
Tax Annual Amount 16941
Legal Description See listing documents for full breakdown of legal descriptions and parcel numbers included in the sale.

Utilities

Heating system Electric (Heating)
Cooling system Evaporative Cooling

Amenities

ATM installations
cellular infrastructure tower

Building Details

Year built 1968
Building materials Brick
Roof type Built-Up
Listing Agency: Realty Executives Arizona Territory · Realty Executives International
Listed By: Travis Wright Pottinger
Added: Sep 2, 2025 Changed: Sep 13 Last Checked: Oct 2 at 5:06AM
MLS# 22522768

Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property spans 1.72 acres across 13 contiguous parcels and contains 24,910 square feet of improvements. The asset includes an approximately 20,482-square-foot big-box retail building, a four-unit office/apartment complex, multiple ATM installations, and a cellular infrastructure tower. Brick construction, a built-up roof, electric heating, and evaporative cooling are also in place. Accessibility features include an elevator, accessible doors, and a ramped approach.

Located at 152 N Terrace Avenue in downtown Nogales, the property sits near the U.S.-Mexico border and the Dennis DeConcini Port of Entry. It occupies a high-visibility intersection within the city’s historic downtown corridor and is zoned Nogales - GC. Approximately 155 paid parking spaces serve the property, supporting the varied mix of retail, office, and residential components.

Key Highlights

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

Property Analytics

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Current Use

Retail space

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a large-format retail building with office/apartment space and on-site parking.
Where is this mixed-use property located?
The property is located at 152 N Terrace Avenue 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: 1.72‑acre mixed‑use commercial property comprising 13 contiguous parcels; Approximately 20,482‑square‑foot big‑box retail building; Four‑unit office/apartment complex included
More about this property
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