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41 MAIN Street, Bisbee, AZ 85603
Overview
Description
Supplements: ... (Read more) 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 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
