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Historic Flex Building with Utilities
For Sale
$375,000

219 Douglas Street, Bisbee, AZ 85603

Commercial Sale, Bisbee, AZ

Property Size4,950 SF
Lot Size0.53 Acres
Price / SF$75.76
Days on Market272

Property Features for 219 Douglas Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Bisbee - Call
Directions From Arizona Street - west on Congdon and South on Douglas Street. Property on the right.
Subdivision Cochise
Standard status Active
APN 101-07-028
Size 4,950 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Warren Lots 213 215 N 26' Of Lot 211 Blk 83 L <10 Topo>
Tax Annual Amount 1268
Legal Description Warren Lots 213 215 N 26' Of Lot 211 Blk 83 L <10 Topo>

Building Details

Year built 1930
Listing Agency: Pepper Realty
Listed By: Paula J Sindelar
Added: Jan 25 Changed: Oct 2 Last Checked: Oct 24 at 5:06AM
MLS# 22602411

Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This historic flex building was formerly the Copper City Electric property and includes most of the original equipment from the electric motor and service operations. The business is described as closed and non-operational for decades, and the sale includes equipment used for electrical service, transformer, and equipment work. Utilities are on.

The property sits on Douglas Street in Bisbee, AZ, within Cochise County, and is offered for sale with prime commercial frontage as noted in the remarks.

The building size is listed as 4,950 square feet, and the lot size is listed as 0.53 acres. Address: 219 Douglas Street, Bisbee, AZ 85603.

Key Highlights

  • Historic Copper City Electric Building built in 1930
  • Former electrical services and motor dealings business now closed for decades (non‑operational)
  • Equipment included: most of the original equipment from electric motor and service operations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,189
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,780 $483.8K
Cap Rate 7%
$345,557 $345.6K
Cap Rate 9%
$268,767 $268.8K
Market Conditions
NOI Build-Up for 4,950 SF
Gross rent
$38.6K $7.80/SF
− Vacancy
−$4.1K −$0.82/SF
EGI
$34.6K $6.98/SF
− OpEx
−$10.4K −$2.09/SF
NOI
$24.2K $4.89/SF
Area
Cochise County, AZ
Vacancy
10.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,780
Cap Rate 7%
$345,557
Cap Rate 9%
$268,767

Alternative Uses

Best Use
Office B
$540.5K
$473.0K – $630.6K (±1% cap)
NOI $37,838 @ 7.0% cap · market cap 10.09%
Second Best
Flex RnD
$533.9K
$467.2K – $622.9K (±1% cap)
NOI $37,374 @ 7.0% cap · market cap 9.97%
Theoretical Best
Specialty Retail
$733.5K
$641.8K – $855.7K (±1% cap)
NOI $51,344 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Building Supply Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85603, AZ

6,342
Population
4,183
Households
1.5
Avg Household Size
55
Median Age
30%
College-Educated
90%
High-School Grad
227.6 sq mi
ZIP Area
28
Density / Sq Mi
$46,509
Median Household Income
$27,690
Median Earnings
$835
Median Rent
$204,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Historic Copper City Electric building with original equipment included and utilities already on.
Where is this flex space located?
The property is located at 219 Douglas Street Bisbee, AZ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Historic Copper City Electric Building built in 1930; Former electrical services and motor dealings business now closed for decades (non‑operational); Equipment included: most of the original equipment from electric motor and service operations
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