72-78 Main St, Bisbee, AZ 85603

$995,000
1
BD
3
BA
3,586
SqFt

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List Price
$995,000
Status
ACTIVE
Days on Market
232
MLS#
22605587
Subtype
Residential
Style
Other
Year Built
1900
Bedrooms
1
Bathrooms
3
Half Baths
3
Living Area
3,586
Lot Size
3,126
Acres
0.07
Subdivision
Out Of Pima County
Neighborhood
Out Of Pima County
MLS Area Major
Cochise

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 (buyer to verify zoning/permits), 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.

Additional Information

Interior Features
High Ceilings, Entrance Foyer
Taxes
$3,946
Property Description
Other
Zoning
Bisbee - Call
Flooring
Other, Concrete, Tile, Wood
Appliances
Dishwasher, Gas Cooktop, Refrigerator
Heating
Other, Gas Pac
Air Conditioning
Central Air, Evaporative Cooling
Levels
One
Parking Features
None
School District
Bisbee
Elementary School
Greenway
Middle School
Lowell
High School
Bisbee
View
City

Listing courtesy of Denise Loth from Tierra Antigua Realty.

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