142 Grand AveNogales, AZ 85621

This exceptional mixed-use commercial building presents a compelling investment opportunity in the heart of Nogales, Arizona's central business district. Located at 142 N Grand Ave, 85621, near the intersection of W. Crawford St. and N. Grand Avenue, this property boasts 17,813 square feet according to the assessor's records, currently housing six retail rental units. The building is situated in a high foot-traffic area with generous sidewalks, offering excellent visibility and accessibility. Currently, 50% occupied, with two units available for immediate lease, this property offers a multi-purpose opportunity for business development. The building is listed on the National Historic Place Register. A unique bonus feature includes a full, open second-level space spanning the building's east-west axis, accessible from the street and Unit A. The property is offered at $899,999, representing a price per square foot of $50.52. The current tenants include Border Pawn, Champs, and Partners Personnel. The lease type is Net, and the tenancy is multi. This property offers significant potential for growth and income generation in a vibrant and strategically located commercial area. The property is a mixed-use building, encompassing retail and office space.