Log In/Sign Up
Your email has been sent.
41 N Main St 2,190 SF 67% Leased Retail Building Bisbee, AZ 85603 $450,000 ($205.48/SF)
Investment Highlights
- High-Upside Mixed-Use Investment CM2
- 12%+ Cap Potential
- 3 Income Streams
Executive Summary
Historic mixed-use investment opportunity located in the heart of Old Bisbee’s vibrant Main Street district. This unique property offers three distinct income streams, including a street-level retail space, an upstairs residential unit currently operating as a short-term rental, and a partially finished basement with significant value-add potential.
The property is currently underperforming with below-market rents, providing investors with a clear path to increased income and long-term appreciation. Through strategic rent adjustments, optimization of the short-term rental, and activation of the basement space, the property offers a projected stabilized income of approximately $73,800 annually.
Investors benefit from diversified income sources and flexible use options, while the historic character and prime location in a tourism-driven market support strong demand for both retail and short-term rental use.
Investment Highlights:
• Three income streams: retail, Airbnb, and basement
• Below-market rents with immediate upside potential
• Projected cap rate range: ~9% to 12%+
• Strong short-term rental demand in Bisbee
• Prime walkable Main Street location
• Basement offers additional income opportunity (speakeasy, studio, or lease space)
This is a rare opportunity to acquire a historic asset with modern income potential in one of Arizona’s most unique and sought-after small-town markets.
See the offering memorandum for financials.
The property is currently underperforming with below-market rents, providing investors with a clear path to increased income and long-term appreciation. Through strategic rent adjustments, optimization of the short-term rental, and activation of the basement space, the property offers a projected stabilized income of approximately $73,800 annually.
Investors benefit from diversified income sources and flexible use options, while the historic character and prime location in a tourism-driven market support strong demand for both retail and short-term rental use.
Investment Highlights:
• Three income streams: retail, Airbnb, and basement
• Below-market rents with immediate upside potential
• Projected cap rate range: ~9% to 12%+
• Strong short-term rental demand in Bisbee
• Prime walkable Main Street location
• Basement offers additional income opportunity (speakeasy, studio, or lease space)
This is a rare opportunity to acquire a historic asset with modern income potential in one of Arizona’s most unique and sought-after small-town markets.
See the offering memorandum for financials.
Data Room Click Here to Access
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,190 SF
Building Class
C
Year Built
1906
Price
$450,000
Price Per SF
$205.48
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.51
Lot Size
0.02 AC
Zoning
CM2 - CM2, Commercial-Mixed use. Store with office or Apartment.
Frontage
24’ on Main St
Amenities
- Corner Lot
- Storage Space
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Peace T-Shirts
- Retailer
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Peace T-Shirts | Retailer | 99,999 SF | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 103-62-183 | Total Assessment | $53,891 (2025) |
| Land Assessment | $2,508 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $51,383 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
103-62-183
Land Assessment
$2,508 (2025)
Improvements Assessment
$51,383 (2025)
Total Assessment
$53,891 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
41 N Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.