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About the Listing tier03 - dl568
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). Do not disturb tenants. A rare opportunity to acquire a historic hospitality asset with modern infrastructure in one of Southern Arizona's most distinctive tourism markets.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Residential
MLS ®
6991605
Year Built
1900
Total Square Footage
3,586
Lot/Acreage
0.07
County
Cochise
Neighborhood
Copper Prince
School District
Bisbee Unified District
Elementary School
Greenway Primary School
Middle School
Lowell School
High School
Bisbee High School
Interior Details
- Bedrooms: 1
- Bathrooms: 1.5 Full
- Appliances:
- Air Cond: Central Air,Evaporative Cooling
- Heating: Natural Gas
- Fireplaces:
- Floor: Tile,Wood,Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Non-laminate Counter,9+ Flat Ceilings,Pantry
- Water: Pvt Water Company
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Roof: Built-Up
- Others:
- Sewer: Sewer in & Cnctd,Public Sewer
- Parking Features: Off Site
Financial Details
- Tax Amount: $3,947
- Taxes w/Assessments: N/A
- Tax/Property ID: 103-62-430-A
- Tax Year: 2025
Payment Calculator
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Questions About..
7278 72-78 Main St Bisbee, AZ 85603
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