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72-78 MAIN Street, Bisbee, AZ 85603

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For Sale

$995,000

3,586 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $277.47
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention Investors and Owner-Operators! A Must See Commercial Property in the highly popular tourist destination of Bisbee AZ! This 3,586 sq ft property has been recently renovated blending historic charm with modern upgrades (HVAC, Plumbing, Electrical + more) from what had been basic mixed use space to THREE vibrant and hip restaurant spaces, all under one roof! Centrally located on THE main street of the Bisbee Historic District, next to one of the largest free public parking lots in town and boasting constant, consistent foot traffic as well as high visibility for those driving by. Two out of the three spaces are currently leased to the much loved, fan favorite, Taqueria Outlaw, and the coming soon, exciting speak-easy venue, Santos. The third, and largest, practically turnkey, versatile space is primed for an owner-operator or tenant. Thoughtfully designed to anticipate the needs of the most discerning restaurateur. Brand new 10-ft hood with fire suppression in place, completed bathrooms, large walk-in refrigerator with new cooling system, beautiful custom tile work throughout, statement pieces and key pieces of kitchen and bar equipment included (for example: Gas Cooktop, Deck Oven, High-Heat Dishwasher, Glass Freezer, etc) This space is just incredible with only a few final touches needed to customize to one's own restaurant vision. Originally built in 1900 during Bisbee's explosive mining boom, when copper, gold, and silver transformed this rugged mountain town into one of America's richest mining hubs, 72-78 Main St stands as a testament to that rich spirit and storied past. Current cap rate at 2.12% with two-thirds occupancy. Unlock the full potential with full occupancy for a solid 6.34% cap rate based on an NOI of $63,081. Own a piece of Arizona history in one of the most unique settings of Southern Arizona! *Seller is willing to consider competitive Owner-Financing Terms with acceptable offer.* Shown with minimum 24-hour notice only, please do not disturb the tenants.
MLS# 6925801

Courtesy Of eXp Realty, LLC

(602) 525-3224

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Block, Brick, Stucco
  • Floor Covering
    Concrete, Tile, Tile - Ceramic, Wood
  • Lot Size
    0.07 Acres

Map and Directions

Directions to 72-78 MAIN Street, Bisbee, AZ 85603

Home seller CENTURY 21 Success Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Success Realty

(520) 287-3000
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.