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Retail Storefront on One-Way Street
For Sale
$394,000

31 Subway Street, Bisbee, AZ 85603

For-sale storefront retail property with direct access from a one-way street in Cochise County.

Property Size2,603 SF
Price / SF$151.36
Days on Market805

Property Features for 31 Subway Street

General Information

Standard status Active
Size 2,603 SF
Zoning CM2

Taxes and HOA fees

Annual Taxes $3,039

Amenities

Display Window(s)
Other
Electric, Ceiling
Parking Lot

Building Details

Year Built 1940
Buildings 1
Listing Agency: Eliza Adams Real Estate
Listed By: Elizabeth Adams · License #BR656010000
Source: Evrealestate
Added: Jul 24, 2024 Changed: Aug 26 Last Checked: Oct 5 at 6:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eliza Adams Real Estate

Investment Insights

Based on property information with market context.

This for-sale retail storefront property is located at 31 Subway Street and totals 2,603 square feet. As a storefront space, it is suited for uses that benefit from street-level presence and walk-in accessibility.

The directions are straightforward: from Main Street, turn onto Subway Street, which is a one-way street, and the property is on the right. The property is in Cochise County, Bisbee, Arizona.

From an operator and buyer standpoint, the space is a practical option for retail tenants or owner-users looking for a dedicated storefront rather than a large-box format. The layout size can support a range of neighborhood-oriented retail concepts, with the primary consideration being alignment between the business’s merchandising needs and the existing storefront configuration. Interested parties should verify all operational requirements and any specifics tied to their intended use during due diligence.

Key Highlights

  • Retail storefront property in Cochise County with direct access from a one‑way street
  • Parking available in a parking lot
  • Electric heating with ceiling features

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,802
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,040 $336.0K
Cap Rate 7%
$240,029 $240.0K
Cap Rate 9%
$186,689 $186.7K
Market Conditions
NOI Build-Up for 2,603 SF
Gross rent
$29.7K $11.40/SF
− Vacancy
−$5.7K −$2.18/SF
EGI
$24.0K $9.22/SF
− OpEx
−$7.2K −$2.77/SF
NOI
$16.8K $6.46/SF
Area
Cochise County, AZ
Vacancy
19.11%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,040
Cap Rate 7%
$240,029
Cap Rate 9%
$186,689

Alternative Uses

Best Use
Retail
$240.0K
$210.0K – $280.0K (±1% cap)
NOI $16,802 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$385.7K
$337.5K – $450.0K (±1% cap)
NOI $27,000 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Well-served
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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - For-sale storefront retail property with direct access from a one-way street in Cochise County.
Where is this storefront property located?
The property is located at 31 Subway Street Bisbee, AZ.
What is the asking price?
The asking price for this property is $394,000.
What are key features of this property?
This property features: Retail storefront property in Cochise County with direct access from a one‑way street; Parking available in a parking lot; Electric heating with ceiling features
More about this property
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