72-78 MAIN Street, Bisbee, AZ 85603 (MLS# 6991603)

72-78 MAIN Street, Bisbee, AZ 85603

$995,000

Property Type: Comm/Industry Sale Square Footage: 3,586 Lot Size (sq. ft.): 3,126 Status: Active

Current Price: $995,000 List Date: 3/01/2026 Last Modified: 3/07/2026

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

Supplements: 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.

More Information MLS# 6991603

Contract Info

Current Price: $995,000 List Price: $995,000 Status: Active List Date: 2026-03-01 Ownership: Fee Simple

Location Tax Legal

House Number: 72-78 Street Name: MAIN St Suffix: Street City/Town Code: Bisbee State/Province: AZ Zip Code: 85603 Zip4: 9901 Country: US County Code: Cochise Subdivision: COPPER PRINCE Assessor Number: 103-62-430-A Tax Year: 2025

General Property Description

Ttl Apx SqFt Bldg: 3586 # of Buildings: 1 Stories: 1 Lot Size Dimensions: irregular Year Built: 1900 Zoning: CM-2 Flood Zone: Yes

Remarks Misc

Directions: Located on Main Street next to Busy Bee public parking across from the Grand Hotel Geo Lat: 31.44122 Geo Lon: -109.917248

Legal Info

Township: 23 Range: 24 Section: 9 Lot Number: -

Income Expenses

Gross Annual Sch Inc: 39240 Net Operating Income: 31450

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Building Type: Commercial Business Type: Mixed; Restaurant; Retail; Bar/Tavern/Lounge; See Remarks Construction: Block; Stucco; Wood Frame; Brick Roofing: Built-Up Floors: Concrete; Wood; Ceramic Tile Ceiling Height: 12.1 Feet to 14 Feet Heating: Natural Gas Cooling: Central Air; Office Evap; Other Loading Facilities: Grade Level Interior Features: Finished; Smoke Detector(s); Security Light(s); Security Camera(s); Private Restrooms; Public Restrooms Exterior: Corner Lot; Building Sign; Sidewalk(s); Security Camera(s) Fencing: None Building Features: Kitchen; Skylight(s); Display Window(s) Appliances Included: Dishwasher; Refrigerator Parking Features: Free; See Remarks Road Access Type: City Street Road Responsibility: City Maintained Road Electric: APS; Individual Meter; Over 220 Amp Gas: Natural Gas; SW Gas; Individual Meter Water Source: Private; Submetered System Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash Only; Owner May Carry; 1031 Exchange; Other (See Remarks) Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks; None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Use Restrictions: Designated Flood Pln; Airport Flight Zone; Other (See Remarks) Environmental: None