Two-Story Brick Mixed-Use
41 MAIN Street Bisbee, AZ 85603
41 MAIN Street, Bisbee, AZ, 85603
$450,000
For Sale
$450,000
MULTI_FAMILY - Bisbee, AZ
Property Size1,466 SF
Price / SF$306.96
Days on Market59
Property Features for 41 MAIN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CM2
- Parking features
- On Street
- Pool private
- 1
- Exterior features
- Sidewalk(s)
- Appliances
- Refrigerator, Microwave
- Standard status
- Active
- APN
- 103-62-183
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 30 BLOCK 4 BISBEE
- Tax Annual Amount
- 4606
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Ceiling Fan(s), Wall Unit(s)
- Water source
- Private
Building Details
- Year built
- 1906
- Number of units
- 3
- Flooring type
- Wood, Tile
- Building materials
- Brick
- Roof type
- Built-Up
Listing Agency
Tierra Antigua Realty, LLC
(520) 439-8888
77 Calle Portal Suite C140, AZ
Listed by
Denise Loth · License #SA642027000
(520) 366-2992
Added: May 20 Checked: Jul 17 at 11:06 am
MLS# 7031135
Listing URL
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Two-story brick building featuring a recessed entry and arched second-story windows with decorative radiating voussoirs. The property is zoned CM2 and includes approximately 733 sq. ft. per level plus a basement, creating multiple distinct spaces within one structure.
The main level is configured as a street-level retail/commercial/creative space with a recessed entry and is currently occupied. The second level is set up as a furnished Airbnb-style unit. The basement level is currently used for storage and also presents potential for additional finished or expanded use.
Located in the Bisbee Historic District, a designated National Historic Landmark, the building’s historic character and flexible CM2 zoning support a variety of commercial and residential configurations, including continued mixed-use operation or residential conversion.
The main level is configured as a street-level retail/commercial/creative space with a recessed entry and is currently occupied. The second level is set up as a furnished Airbnb-style unit. The basement level is currently used for storage and also presents potential for additional finished or expanded use.
Located in the Bisbee Historic District, a designated National Historic Landmark, the building’s historic character and flexible CM2 zoning support a variety of commercial and residential configurations, including continued mixed-use operation or residential conversion.
Key Highlights
- Two‑story, brick building built in 1906 with approximately 733 sq. ft. per level plus a basement.
- Located in the Bisbee Historic District, a designated National Historic Landmark, with historic architectural details including arched second‑story windows.
- CM‑2 zoning allows both commercial and residential use, supporting live/work, residential conversion, or mixed‑use options.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.0k | $15.00 |
| − Vacancy | −$1.7k | −$1.17 |
| EGI | $20.3k | $13.83 |
| − OpEx | −$5.1k | −$3.46 |
| NOI | $15.2k | $10.37 |
1,466 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$217.2K
$190.1K – $253.4K
NOI $15,206 @ 7.0% cap · market cap 3.38%
Second Best
Retail
$135.2K
$118.3K – $157.7K
NOI $9,463 @ 7.0% cap · market cap 2.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Two-story brick building with street-level storefront, furnished upstairs unit, and a basement, in the Bisbee Historic District.
Where is this short term rental property located?
The property is located at 41 MAIN Street Bisbee, AZ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑story, brick building built in 1906 with approximately 733 sq. ft. per level plus a basement.; Located in the Bisbee Historic District, a designated National Historic Landmark, with historic architectural details including arched second‑story windows.; CM‑2 zoning allows both commercial and residential use, supporting live/work, residential conversion, or mixed‑use options.
