112 N Grand Ave 5,400 SF Retail Building Nogales, AZ 85621 $699,000 ($129.44/SF)

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.