Historic Downtown Hotel with
61 Main Street Bisbee, AZ 85603
For Sale
$1,600,000
COMMERCIAL - Bisbee, AZ
Property Size8,311 SF
Lot Size0.15 Acres
Price / SF$192.52
Days on Market1042
Property Features for 61 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Bisbee - Call
Standard status
Active
APN
103-62-005
Size
8,311 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Long Legal
Tax Annual Amount
12747
Utilities
Heating system
Forced Air, Natural Gas, Heat Pump (Heating), Wall Furnace
Cooling system
Central Air, Wall Unit(s), Heat Pump, Evaporative Cooling
Water source
Public
Building Details
Year built
1900
Building materials
Brick
Listing Agency:
Realty Executives Arizona Territory
(520) 877-4940
Listed By:
Victoria C Falcone · License #BR116567000
(520) 981-8552
Added: Sep 21, 2023
Changed: Jul 24
Last Checked: Jul 28 at 7:06AM
MLS# 22320774
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.
Investment Insights
Based on property information with market context.
The Historic Bisbee Grand Hotel is a charming 13-room hotel, including five large suites. The property also features a bar and a larger stage for live shows and events.
Located in the heart of downtown Bisbee at 61 Main Street, the hotel is positioned within the area’s tourism industry. The listing describes the business as a well-established operation generating revenue from room bookings, events, drinks, and live entertainment.
This offering is presented as a turnkey investment with an existing reputation and customer base. An NDA is available for qualified buyers.
Located in the heart of downtown Bisbee at 61 Main Street, the hotel is positioned within the area’s tourism industry. The listing describes the business as a well-established operation generating revenue from room bookings, events, drinks, and live entertainment.
This offering is presented as a turnkey investment with an existing reputation and customer base. An NDA is available for qualified buyers.
Key Highlights
- Historic Bisbee Grand Hotel with 13 rooms, including 5 large suites
- Features a bar and a stage for live shows and events
- Established hotel operation generating revenue from room bookings, events, drinks, and live entertainment
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 | $124.7k | $15.00 |
| − Vacancy | −$9.7k | −$1.17 |
| EGI | $114.9k | $13.83 |
| − OpEx | −$28.7k | −$3.46 |
| NOI | $86.2k | $10.37 |
8,311 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,206 @ 7.0% cap · market cap 5.39%
Second Best
Hotel Hospitality
$607.0K
$531.2K – $708.2K
NOI $42,493 @ 7.0% cap · market cap 2.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Hotel - Historic 13-room hotel with suites, plus a bar and live entertainment venue in downtown Bisbee.
Where is this hotel located?
The property is located at 61 Main Street Bisbee, AZ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Historic Bisbee Grand Hotel with 13 rooms, including 5 large suites; Features a bar and a stage for live shows and events; Established hotel operation generating revenue from room bookings, events, drinks, and live entertainment
