41 MAIN Street, Bisbee, AZ 85603
Overview
Description
Supplements: ... (Read more) 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 Details MLS# 6786666
Location, Tax & Legal
- House Number
- 41
- Street Name
- MAIN
- St Suffix
- Street
- City/Town Code
- Bisbee
- State/Province
- AZ
- Zip Code
- 85603
- Zip4
- 9901
- Country
- US
- County Code
- Cochise
- Subdivision
- BISBEE
- Assessor Number
- 103-62-183
- Tax Year
- 2025
- Assessor's Map #
- 62
- Legal Description (Abbrev)
- LOT 30 BLOCK 4 BISBEE
- Assessor's Parcel #
- 183
- Add'l Parcels
- No
- Tax Municipality
- Bisbee
- Census Tract
- 1000
- Taxes
- 4606
- Tax District
- 0250
- Legal
- LOT 30 BLOCK 4 BISBEE
- Marketing Name
- Historic Gem
Contract Info
- Ownership
- Fee Simple
General Property Description
- Ttl Apx SqFt Bldg
- 1465
- # of Buildings
- Yes
- Stories
- 2
- Year Built
- 1906
- Zoning
- CM2
- Flood Zone
- Yes
- Uncvrd Parking Spcs
- 0
Remarks Misc
- Cross Street
- Subway St
- Directions
- Located on the corner of Subway St and Main Street in downtown Bisbee.
Legal Info
- Township
- 23
- Range
- 24
- Section
- 9
- Lot Number
- 30
Income Expenses
- Gross Annual Sch Inc
- 11700
- Net Operating Income
- 13675
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Yes
- Phone Call
- Yes
Currently Not Used
- Sold Price Per SqFt
- 307.17
Construction
- Tilt-Up
- Yes
Roofing
- Other
- Yes
Floors
- Wood
- Yes
- Other
- Yes
Income & Expenses
- Annual Elec Exp
- 2234
- Annual Ins Exp
- 2687
- Annual Maint Exp
- 1068
- Annual Trash Exp
- 1164
- Annual Wtr/Swr Exp
- 456
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 12215
- Other Income
- 14000
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 25700
Building Type
- Commercial
- Yes
Business Type
- Mixed
- Yes
- Retail
- Yes
- Other
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Cap Rate
- 3.04
- Equity
- 450000
- Total Owed
- 0
Lockbox Type
- Other
- Yes
- See Private Remarks
- Yes
Ceiling Height
- 10.1 Feet to 12 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Window/Wall Unit
- Yes
Interior Features
- Finished
- Yes
- Smoke Detector(s)
- Yes
- Private Restrooms
- Yes
Loading Facilities
- None
- Yes
Road Surface Type
- Concrete
- Yes
Exterior
- Corner Lot
- Yes
Source of Fincl Data
- Owner
- Yes
Traffic Count
- Up to 5,000
- Yes
Fencing
- None
- Yes
Water Source
- Private
- Yes
Freeway/Highway
- 1.1 - 2 Miles
- Yes
Building Features
- Basement
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- None
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
New Financing
- Cash Only
- Yes
- Other (See Remarks)
- Yes
Use Restrictions
- Designated Flood Pln
- Yes
- Currently Leased
- Yes
- Airport Flight Zone
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- Vicinity of an Airport
- Yes
Environmental
- None
- Yes
Property Features
