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Listed by Tierra Antigua Realty
$995,000
Est. payment /mo
3,586 SqFt
Active
72-78 Main St Bisbee, AZ 85603
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,586 sqft
Price per Sqft $277
MLS Listing ID 22605590
Year Built 1900
Annual Tax Amount $3,946
Tax Year 2025
Lot Size 318 Sqft
Acres 0.07
Lot Dimensions 70 x 44 x 60 x 44
Source MLS of Southern Arizona
Property Description
Prime Main Street investment opportunity in the heart of Bisbee within the highly sought-after Bisbee Historic District. This 3,586 sq ft historic commercial building (circa 1900) has been extensively renovated, blending preserved character with substantial modern infrastructure upgrades. Currently configured as three restaurant spaces under one roof. Two spaces are leased to established operators (Taqueria Outlaw and Santos speakeasy), with one large nearly turnkey space available. Flexible potential: vacant space may be converted to residential use offering live/work or mixed-use opportunity. The vacant space includes a 10-ft Type 1 hood with fire suppression, walk-in refrigerator (new cooling system), commercial high heat dishwasher, deck oven, grease trap system, upgraded plumbing and electrical, 200A service, dedicated circuits, new PEX main water line, dual 4-inch PVC waste lines, floor drains throughout, and 3- & 5-ton HVAC units. Custom tile, white oak floors, skylight, bar infrastructure (with water, power, and draft system capability), and quality finishes complete the space. Adjacent to one of the largest free public parking lots in town with strong foot traffic and visibility. Current cap rate 2.12% at 2/3 occupancy. Projected 6.34% at full occupancy (NOI $63,081). A rare opportunity to acquire a historic hospitality asset with modern infrastructure in one of Southern Arizona's most distinctive tourism markets.
Location
State AZ
County Cochise
Area Cochise
Zoning Bisbee - Call
Direction Located on Mainstreet next to Busy Bee public parking across from the Grand Hotel
Interior
Heating Gas Pac
Cooling Central Air, Evaporative Cooling
Exterior
Fence None
Utilities Available Sewer Connected
View Y/N No
Roof Type Built-Up
Building
Lot Description Corner Lot
Others
Tax ID 103-62-430A
Special Listing Condition None
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