$450,000
Bisbee, AZ 85603
MLS# 22612972
1465 sqft

1 / 31
Property Description
Historic 1906 Gem in the Heart of Bisbee with Mixed-Use & Residential 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 while offering exceptional flexibility for investors, creatives, entrepreneurs, or those seeking a truly unique residence. 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 mining years. Zoned CM-2, the property allows for both commercial and residential uses, opening the door to a variety of possibilities including live/work space, boutique lodging, artist lofts, gallery space, residential conversion, or mixed-use
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
Subdivision: N/A
Contract Information
Current Price: $450,000
List Price: $450,000
Listing Date: 2026-05-20
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Triplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.02
Lot Sqft: 930
Lot Size Source: Assessor
Combined SqFt: 1465
Year Built: 1906
Total Parking: 2
School District: Bisbee
Elementary School: Greenway
Middle School: Lowell
High School: Bisbee
Horse Property: No
Horse Facilities: No
List Price/SqFt: 307.17
Lot Size Price/SqFt: 483.87
Remarks Misc
Geo Lat: 31.441802
Geo Lon: -109.916501
Showing Information
Directions: Located on the corner of Subway St and Main Street in downtown Bisbee.
Unit Info
Avg Mo Rent/Studios: 700
# of Units/Other: 2
Avg Mo Rent/Other: 1100
Unit 1 Information
Monthly Rent: 1100
# Full Baths: 1
# Half Baths: 1
SqFt: 733
Occupancy: Yes
Stories: Two
Floor: 1st
Furnished: No
Parking: On Street
Unit 2 Information
Monthly Rent: 700
# Beds: 1
# Full Baths: 1
SqFt: 733
Occupancy: Yes
Stories: Two
Floor: 2nd
Furnished: Yes
Parking: On Street
Unit 3 Information
SqFt: 741
Occupancy: No
Stories: Two
Floor: Basement
Furnished: No
Parking: On Street
Analysis
Cap Rate %: 3.04
Gross Rent Multi: 17.51
Exp/SqFt: 8.21
Exp % of Gross: 46.79
Income
Gross Scheduled Rent: 11700
Vacancy Loss: 0.33
Other Income: 14000
Adjusted Gross: 25699.67
Total Expenses: 12025
Net Opp Income: 13674.66
Expenses
Gas/Electric: 2234
Insurance: 2687
Maintenance Supplies: 1068
Taxes/Assessments: 4416
Water/Sewer: 1620
Figures Presented: Actual
Style
Other: Mining-Era Comm
Kitchen Features
Appliance Color: White
Microwave: White
Extra Room
Other: Basement
Interior Features
Interior Steps: Yes
Electric
Electric Company: APS
Water
Water Company: Arizona Water Co.
Utilities Paid
Cable TV: Owner
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: Public parking
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: Yes
Submit With Offer
Digital Signatures: Yes
Seller Title Company: Pioneer Title Bisbee
Home Protection
Offered: No
Property Features
Construction: Brick; Frame
Roof: Built-Up
Living Areas: Off Kitchen
Dining Areas: Eat-In Kitchen
Dining Room: None
Breakfast: Eat-In
Kitchen Features: Refrigerator
Bathroom Features: Shower Only/Hall; Pedestal Sink(s)
Laundry: None
Interior Features: Ceiling Fan(s); Smoke Detector; Storage
Floor Covering: Ceramic Tile; Wood
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Ceiling Fan(s); Wall Unit(s)
Main Heating: Electric; Zoned
Water Heater: Electric
Gas: None
Sewer: Connected
Accessibility Option: None
Security: None
Pool: Community
Spa: None
Fence: None
Landscape - Front: None
Landscape - Rear: None
View: Mountain(s)
Road Type: Paved
Driveway: None
Exterior Feature: None
Lot Features: Corner Lot
Neighborhood Features: Historic; Park; Pool; Sidewalks
Assoc Amenities: None
Terms: Cash; Conventional
Submit With Offer: Lender Pre-Approval; 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
income production.
The building offers approximately 733 sq. ft. per level, plus a basement, creating three distinct opportunities within one remarkable property.
Main Level - Retail / Commercial / Creative Space
A vibrant street-level storefront currently occupied, providing immediate income with potential upside through future rent increases or adaptive reuse. Positioned on bustling Main Street, this space enjoys strong visibility, foot traffic, and long-term appeal for retail, studio, café, gallery, office, or live/work concepts.
Second Level - Residential / Short-Term Rental
The upstairs level is currently configured as a fully furnished Airbnb-style unit featuring an open, airy ambiance with stylish décor that conveys with the sale. Guests enjoy picturesque Main Street views, making this a highly desirable short-term rental. Alternatively, the space could easily serve as a private residence, artist loft, or owner-occupied living quarters above the commercial level below.
Basement - Speakeasy / Studio / Expansion Opportunity
Featuring beautiful brick floors and historic character, the basement is currently used for storage but offers compelling adaptive reuse potential. Ideal for a speakeasy, wine bar, art studio, workshop, boutique retail, lounge, or additional residential expansion, this level adds significant value-add opportunity rarely found in historic downtown properties.
Investment & Lifestyle Appeal
With multiple income streams, flexible CM-2 zoning, and residential potential, this property appeals to both investors and lifestyle buyers seeking an authentic Old Bisbee experience. The combination of historic architecture, tourism-driven demand, walkability, and adaptive reuse possibilities creates a rare opportunity to own a true piece of Bisbee history while unlocking substantial future upside.
Whether envisioned as an investment property, boutique mixed-use project, live/work residence, or creative retreat, this property blends timeless character with modern flexibility in one of Arizona's most unique and culturally rich communities.
Don't miss the opportunity to own a landmark property in the heart of Old Bisbee--with built-in charm, income potential, and endless possibilities.
Listing Office: Tierra Antigua Realty
Last Updated: May - 21 - 2026
Warning: Undefined array key "CompensationDisclaimer" in /srv/users/ems/apps/ems-website/public/wp-content/plugins/flexmls-idx/pages/listing-details.php on line 711
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.
Airport