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Listed by Century 21 Success Realty • Amado Manriquez
$ 2,500,000
Est. payment /mo
New
15 N Morley Ave Nogales, AZ 85621
10,788 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,788 sqft
Price per Sqft $231
MLS Listing ID 22622625
Year Built 1971
Annual Tax Amount $4,616
Tax Year 2025
Lot Size 6,656 Sqft
Acres 0.15
Lot Dimensions TBD
Source MLS of Southern Arizona
Property Description
Own a piece of downtown Nogales history. Located directly across from the U.S./Mexico Morley Gate Port of Entry, this approximately 12,500 SF, three-story commercial building offers an exceptional combination of location, income, flexibility, and long-term potential. Originally the site of Valley National Bank, the building was built in 1971, designed by AIA Architect Terry Atkinson, and remodeled in 2006. It has been exceptionally maintained with pride of ownership ever since. The property remains home to longtime local retail business Kory's, which closed its bridal department in 2025. The property has an existing rooftop security-camera lease generating $1,500/month ($18,000 annually) in passive income. The location benefits from heavy pedestrian and vehicle traffic generated by both Morley Gate and the nearby DeConcini Crossing. Published traffic data reports approximately 3,910 vehicles and 6,000 pedestrians per day on Morley Avenue, and ADOT identifies the DeConcini/Morley complex as a major pedestrian and personal-vehicle crossing point in Arizona. The building itself offers exceptional flexibility, with elevator access to all three floors, four upstairs office spaces complete with bathrooms, and full ADA accessibility throughout. This versatility makes the space well suited to retail, professional offices, medical or service-based businesses, restaurant use, showroom space, or other mixed commercial concepts, subject to zoning. With its strategic border location and proposed federal modernization and expansion of the DeConcini Port of Entry, this property offers investors both current income and significant long-term upside as border infrastructure and
cross-border activity continue to develop. A landmark location, established income, flexible space, and significant border exposure.
cross-border activity continue to develop. A landmark location, established income, flexible space, and significant border exposure.
Location
State AZ
County Santa Cruz
Area Scc-Nogales East
Zoning Nogales - GC
Direction Head south on Grand Avenue, turn right onto N Robinson Avenue, turn left on N Morley Avenue property. Building is on the corner of N Morley Avenue.
Exterior
View Y/N No
Others
Tax ID 101-47-067
Nearby Locations