15 N Morley Avenue

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.