Log In/Sign Up
Your email has been sent.
Historic Main Street Mixed-Use Investment 78 Main St 3,586 SF Retail Building Bisbee, AZ 85603 $995,000 ($277.47/SF)
Investment Highlights
- Strong pedestrian traffic & tourism visibility
- One nearly turnkey restaurant space available / Potential residential conversion of vacant space
- Two leased restaurant tenants
Executive Summary
Prime Main Street investment opportunity, zoned CM2, 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, 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), a commercial high-heat dishwasher, a deck oven, grease
trap system, upgraded plumbing and electrical, 200A service, dedicated circuits, a 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.
trap system, upgraded plumbing and electrical, 200A service, dedicated circuits, a 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.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,586 SF
Building Class
B
Year Built/Renovated
1900/2025
Price
$995,000
Price Per SF
$277.47
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.90
Lot Size
0.09 AC
Zoning
CM-2 - CM-2~Commercial Mixed Use~ Historic District, allowing a mix of uses including, but not limited to, cocktail lounges, taverns,residential and retail.
Frontage
60’ on Main St
Amenities
- Corner Lot
- Restaurant
- Signage
- Skylights
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 103-62-430A | Total Assessment | $30,146 |
| Land Assessment | $4,770 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $25,376 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
103-62-430A
Land Assessment
$4,770
Improvements Assessment
$25,376
Total Assessment
$30,146
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
1 of 55
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Historic Main Street Mixed-Use Investment | 78 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.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.