884 N Grand Avenue Active

Nogales,AZ 85621

$ 7500000

- Bed

- Bath

54674 SqFt


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

Parking Features 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

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