441 N Grand Ave Nogales, AZ 85621

Property Details for 441 N Grand Ave

Year built

1979

Construction

CONCRETE

Lot size

1.28 lot acres

Property size

3,139 SF

Property type

Community centers

APN

101-50-044A

APU

10150044A

Description

This exceptional investment opportunity presents the chance to acquire the highly sought-after El Alamo Plaza, a thriving commercial center situated on a substantial 2.06-acre lot in the vibrant heart of downtown Nogales, Arizona. Strategically located approximately 0.45 miles north of the US-Mexico border, this property enjoys exceptional visibility and accessibility. The plaza is easily reached via N. Grand Avenue (heading south towards Mexico) or N. Arroyo Blvd (heading north from Mexico), ensuring convenient access for both local and cross-border traffic. The expansive 37,482 square foot complex houses a diverse portfolio of 21 income-producing units, comprising 16 retail spaces, one large-format retail unit, three office spaces, and a single, independent retail hub. A strong tenant roster includes established businesses such as O'Reilly Auto Parts, Buffalo Exchange, PostNet Postal Service, Anda Laundry Mat, Dorado Staffing Services, Futuro Insurance, Medicare Community Resource Center, and Lorigo Construction, providing a stable and diversified income stream. This property represents a rare opportunity to own a significant commercial asset in a dynamic border town with substantial growth potential. The substantial lot size also offers potential for future expansion or redevelopment. The asking price for this exceptional property is $3,000,000.