7278 MAIN Street new Save Request In-Person Tour Request Virtual Tour
Bisbee,AZ 85603
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Copper Prince - Old Bisbee
MLS Listing ID 6925801
Year Built 1900
Annual Tax Amount $3,881
Tax Year 2024
Lot Size 3,126 Sqft
Acres 0.07
Lot Dimensions irregular
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
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.
Location
State AZ
County Cochise
Community Copper Prince - Old Bisbee
Zoning CM-2
Direction On Main Street, public parking lot directly adjacent.
Interior
Heating Natural Gas
Cooling Central Air,Other,Office Evap
Flooring Ceramic Tile,Wood,Concrete
Exterior
Parking Features See Remarks,Free
Fence None
Roof Type Built-Up
Private Pool No
Building
Dwelling Type Commercial
Sewer Sewer-In & Connected,Public Sewer
Water Private,Submetered System
New Construction No
Others
Senior Community No
Tax ID 103-62-430-A
Disclosures Seller Prop Disc Stm