$7,500,000
884 N Grand Avenue Nogales, AZ 85621
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$7,500,000
Est. payment /mo
54,674 SqFt
Active
884 N Grand Avenue Nogales, AZ 85621
UPDATED:
08/17/2024 01:57 PM
Key Details
Property Type Commercial
Sub Type Hotel & Motel
Listing Status Active
Purchase Type For Sale
Square Footage 54,674 sqft
Price per Sqft $137
MLS Listing ID 22404386
Year Built 1962
Annual Tax Amount $3,847
Tax Year 2021
Lot Size 2.965 Acres
Acres 2.96
Property Description
Located along the historic Grand Avenue corridor that continues South to the major border entry and tourism zone of Nogales, Arizona. Investment opportunity on a 3.67 Acre lot. 103 Room hotel with grand entry, large Lobby, Restaurant with Fully Equipped Large Commercial Kitchen, Bar, Banquet Facility, Billiards Room, and Business Area. Stand-alone building along Grand Avenue has 5 separate 1-bedroom 500+ SF Apartments with full kitchens, bathrooms, and balconies. 3 commercial retail/office spaces with Grand Avenue frontage for lease income opportunities. Separate 50'x60' utility building with 4 car Garage, commercial laundry, and storage. 100+ paved parking spaces for hotel with an additional fully paved 1 Acre +/- lot for commercial truck drivers, Event Parking, or additional Development.
Location
State AZ
County Santa Cruz
Area Scc-Nogales East
Zoning Nogales - GC
Interior
Hot Water Natural Gas
Heating Natural Gas
Cooling Wall Unit(s)
Exterior
Garage Paved Parking, Private Parking
Garage Spaces 100.0
Fence None
Roof Type Built-Up - Reflect
Accessibility None
Road Frontage Paved
Building
Lot Description East/West Exposure
Sewer Connected
Water City
Others
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Special Listing Condition None
Copyright 2024 MLS of Southern Arizona
Listed by Long Realty Company
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