112 N Grand Ave - Retail FOR SALE


Nogales, AZ 85621
$810,000 USD
520-245-2288
112 N Grand Ave, Nogales, AZ for Sale
$810,000 USD
Retail - FOR SALE
1/30
null | Request Cap Rate

112 N Grand Ave
Nogales, AZ 85621


OVERVIEW

Investment Overview Southwest Urban is pleased to offer the opportunity to acquire 112 N Grand Avenue, a 5,400 square foot former bank building situated on a 0.67-acre lot in the heart of Nogales, Arizona. Strategically located on the city's main commercial corridor, this vacant property presents a rare combination of specialized infrastructure, flexible zoning, and significant repositioning potential. Originally constructed as a full-service bank branch, the building includes high-value infrastructure such as a secure vault, safety deposit boxes, and existing security systems, offering immediate utility for a financial institution or minimal conversion costs for other commercial users. Zoned General Commercial (GC), the property supports a wide range of uses including retail, office, financial services, and more. Whether acquired by an owner-user seeking a strategic footprint or an investor targeting value-add upside, 112 N Grand Avenue offers the flexibility, location, and infrastructure to support long-term success. Location & Market Context Located just minutes from the U.S.–Mexico border, 112 N Grand Avenue sits at the heart of Nogales, a vital gateway for international trade and binational commerce. Grand Avenue serves as a main artery for retail, government offices, and cross-border traffic, providing a steady stream of visibility and access for any commercial user. Nogales is home to a growing population and serves as a regional anchor for both southern Arizona and northern Sonora, Mexico. The city’s unique position supports industries such as customs brokerage, logistics, finance, and small business retail—making 112 N Grand Avenue an ideal setting for those aiming to serve both local and cross-border markets. Investment Highlights Investment Potential & Value-Add Opportunities Adaptive Reuse: The existing layout can be reconfigured for a range of modern office or retail tenants while preserving high-cost infrastructure such as the vault for specialized uses. Owner-User Appeal: A professional services firm, retail business, or medical office could benefit from immediate occupancy and a high-traffic location. Investment Upside: Investors can capitalize on repositioning the asset for lease or sale, leveraging the property’s vacancy and strong visibility to attract a wide range of tenants. Infill Redevelopment: The 0.67-acre lot and zoning allow for additional improvements or expansion, subject to city approvals. Border Proximity Advantage: Nogales’ position as a key port of entry and trade hub enhances demand for financial services, logistics offices, and cross-border commerce support.

FOR SALE DETAILS

PRICE

$810,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

GC

APN/PARCEL ID

101-50-030,101-50-500

ASK ABOUT THIS PROPERTY

Adam LundquistSouthwest Urban Realty, LLCMore Info
520-245-2288

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Adam LundquistSouthwest Urban Realty, LLCMore Info
520-245-2288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.