142 Grand AveNogales, AZ 85621

Property Details for 142 Grand Ave

Year built

2000

Construction

CONCRETE

Lot size

0.20 AC

Property size (Sq ft)

17,813 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

101-50-029

APU

10150029

Description

This exceptional commercial property, located at 142 N Grand Avenue in Nogales, Arizona, presents a lucrative investment opportunity. Situated in the bustling business district near the border, this retail center boasts a total of 17,813 square feet across two levels, strategically positioned near the intersection of W. Crawford St. and N. Grand Avenue. The ground floor comprises six retail rental units, three of which are currently available. These units benefit from high foot traffic due to their location on a city street with wide sidewalks. The upper level offers an expansive, open-plan space of over 6,000 square feet, accessible via a locked stairwell from Unit A and from the Grand Avenue side. This second level presents significant potential for expansion or additional rental income. The property sits on a 0.2-acre lot and is offered at $899,999. The seller is open to discussing property details and financing options. This is an excellent opportunity for investors seeking a strong return in a vibrant border town location. The property's size, location, and existing rental income stream make it an attractive proposition for both seasoned investors and those new to commercial real estate. Schedule a viewing to explore the full potential of this remarkable property.

Location Insight

City

Nogales

County

Santa Cruz

State

Arizona

Latitude

31.3352

Longitude

-110.941

CBSA code

35700

CBSA name

NOGALES, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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