$450,000
Bisbee, AZ 85603
MLS# 22428687
1465 sqft

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Property Description
Historic 1906 Gem in the Heart of Bisbee with Value-Add Potential Located in the Bisbee Historic District--a designated National Historic Landmark--this two-story brick building captures the essence of Bisbee's rich mining-era heritage. Featuring a recessed entry and arched second-story windows with decorative radiating voussoirs, the architecture reflects the timeless character of Old Bisbee during its peak years. This charming property offers approximately 733 sq. ft. per level, plus a basement, creating three distinct income opportunities within one unique asset. Main Level (Retail): A vibrant street-level storefront currently occupied, offering immediate income with clear upside through rent increases to market rates. Positioned on bustling Main Street, this space benefits
Details
Maps
Documents
Address Information
Street #: 41
Street Name: Main
Suffix: Street
State/Province: AZ
Zip Code: 85603
County: Cochise
Country: USA
Location Tax Legal
Tax Code: 103-62-183
Area: Cochise
Contract Information
Current Price: $450,000
List Price: $450,000
Listing Date: 2024-11-21
Status: Active
Method of Title: Fee (Simple)
Short Sale: No
General Property Information
Property Sub-Type: Retail
Construction Status: Existing
# Units: 2
Multi-Tenant: Yes
Year Built: 1906
Lot Dimensions: Irregular
Lot Acres: 0.02
Lot Sqft: 930
Lot Size Source: Assessor
Combined SqFt: 1465
Source of SqFt: Assessor
List Price/SqFt: 307.17
Lot Size Price/SqFt: 483.87
Remarks Misc
Geo Lat: 31.441801
Geo Lon: -109.916489
Showing Information
Directions: Located on the corner of Subway St. and Main Street in downtown Bisbee.
Income
Gross Scheduled Rent: 11700
Other Income: 14000
Expenses
Gas/Electric: 2234
Insurance: 2687
Taxes/Assessments: 4416
Water/Sewer: 1620
Other Expenses: 1068
Unit Information
Retail: Street Retail
Other: Airbnb
Electric
Electric Company: APS
Water
Water Company: Arizona Water Co.
Submit With Offer
Seller Title Company: Pioneer Title Bisbee
Property Features
Property Features: Furnished; Smoke Detector
Construction: Brick
Fenced Storage: No
Main Cooling: Ceiling Fans Pre-Wired; Wall Unit(s)
Main Heating: Electric; Zoned
Water Heater: Electric
Gas: None
Sewer: Connected
Fence: None
Landscape - Front: None
Landscape - Rear: None
Road Type: Paved
Parking: Public Parking
Lot Features: Corner Lot
Business Location: Corner Lot; Redevelopment Area
Traffic Count: Up to 5,000
Terms: Cash; Conventional
Possession: Recording
Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Military Airport Vct; Plat Map; Public Airport Vcty; Seller Prop Disclosure
Special Conditions: None
Supplements
from strong visibility, foot traffic, and long-term tenant appeal.
Second Level (Short-Term Rental / Residential):
A fully furnished Airbnb-style unit with an open, airy layout and stylish décor that conveys with the sale. Guests enjoy picturesque views of Main Street, making this a highly desirable short-term rental. With optimized pricing and occupancy, this unit presents significant potential to increase revenue.
Basement (Value-Add Opportunity):
Featuring beautiful brick floors and historic character, the basement is currently used for storage but represents a compelling opportunity for additional income. Ideal for a speakeasy, art studio, boutique space, or leased area, this level offers flexible adaptive reuse potential aligned with Bisbee's creative and tourism-driven market.
Investment Appeal:
With three income streams and multiple paths to increased returns, this property is ideally suited for investors seeking both cash flow and appreciation. The combination of historic charm, prime location, and underutilized space creates a rare opportunity to unlock significant value.
Whether you're an investor or a lover of historic architecture, this property blends timeless character with modern income potential in one of Arizona's most unique and culturally rich communities.
Don't miss the opportunity to own a true piece of Bisbee history--with built-in upside.
Listing Office: Tierra Antigua Realty
Last Updated: May - 15 - 2026
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Lead Paint Discl