Downtown Commercial Block
For Sale
$6,000,000
152 N Terrace Avenue, Nogales, AZ 85621
A 13-parcel downtown block with big-box retail, office/apartment units, parking, ATMs, and a cellular tower for acquisition.
Property Size24,910 SF
Lot Size1.72 Acres
Price / SF$240.87
Days on Market325
Property Features for 152 N Terrace Avenue
General Information
Standard status
Active
Size
24,910 SF
Total Parking Spaces
155
Lot size
1.72 Acres
Property subtype
Commercial/Industrial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$16,770
Building Details
Year Built
1968
Tenancy
Multi
Listing Agency:
Realty Executives Arizona Territory
(520) 269-9421
Listed By:
Tiffany Tolley · License #SA646114000
(520) 269-9421
Source:
Exitrealty
Added: Sep 26, 2025
Changed: Aug 14
Last Checked: Aug 15 at 4:45AM
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.
The Larriva Downtown Nogales Commercial Block is a multi-parcel commercial offering totaling about 1.716 acres with 13 contiguous parcels. The portfolio includes an approximately 20,482-square-foot big-box retail building and a four-unit office/apartment complex. Additional components listed with the offering include approximately 155 paid parking spaces, multiple ATM installations, and a cellular infrastructure tower.
The property is described as being in the heart of downtown Nogales, Arizona, just a few steps north of the U.S.-Mexico border and the Dennis DeConcini Port of Entry. It is positioned at a high-visibility intersection within the city’s historic downtown corridor. The remarks indicate the block contains income-generating assets with proximity to border-related trade and logistics.
This configuration can support a buyer seeking a mixed portfolio that combines retail and small-scale live/work type space with onsite parking and other income-generating elements included in the listing. The offering also encompasses multiple parcels beyond the primary big-box footprint, which may be relevant for buyers evaluating re-tenanting or redevelopment of underutilized parcels, as described in the remarks.
The property is described as being in the heart of downtown Nogales, Arizona, just a few steps north of the U.S.-Mexico border and the Dennis DeConcini Port of Entry. It is positioned at a high-visibility intersection within the city’s historic downtown corridor. The remarks indicate the block contains income-generating assets with proximity to border-related trade and logistics.
This configuration can support a buyer seeking a mixed portfolio that combines retail and small-scale live/work type space with onsite parking and other income-generating elements included in the listing. The offering also encompasses multiple parcels beyond the primary big-box footprint, which may be relevant for buyers evaluating re-tenanting or redevelopment of underutilized parcels, as described in the remarks.
Key Highlights
- 13 contiguous parcels totaling about 1.716 acres in downtown Nogales, AZ (1968).
- Includes a ±20,482 SF big‑box retail building.
- Approximately 155 paid parking spaces on site.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - A 13-parcel downtown block with big-box retail, office/apartment units, parking, ATMs, and a cellular tower for acquisition.
Where is this retail space 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: 13 contiguous parcels totaling about 1.716 acres in downtown Nogales, AZ (1968).; Includes a ±20,482 SF big‑box retail building.; Approximately 155 paid parking spaces on site.
