185 N Grand Ave, Nogales, AZ 85621
For Sale
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This exceptional 7,460 square foot retail property, situated at 185 N Grand Avenue in Nogales, Arizona, presents a unique investment opportunity. Built in 1910, this landmark building boasts a rich history and prime location just steps from the US-Mexico border, benefiting from the high daily foot traffic of shoppers, diners, and visitors exploring the vibrant downtown area. The property sits on a 0.08-acre lot and offers three ground-floor commercial spaces ideal for a variety of businesses. The substantial second floor comprises numerous rooms, perfectly suited for conversion into office spaces, providing significant versatility and potential for expansion. The building's historical character combined with its strategic location in a bustling commercial district makes it an attractive proposition for investors seeking a high-return property with significant redevelopment potential. The asking price for this remarkable piece of Nogales history is $300,000. This presents a rare chance to acquire a significant piece of Nogales' commercial landscape and capitalize on the consistent flow of pedestrian traffic in this thriving border town. The property's size and layout offer considerable flexibility for a range of business ventures, making it an ideal investment for both established businesses and ambitious entrepreneurs. Don't miss this opportunity to own a piece of Nogales' heritage and secure a prominent position in its dynamic commercial heart.
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Nevenerdys Gifts and Antiques Home Decor Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.