2 Main St Bisbee, AZ 85603
- Commercial real estate
- 0.48 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2 Main St
- Year built
- 1939
- Lot size
- 0.48 lot acres
- Property type
- Commercial real estate
Description
This exceptional 31,959 square foot commercial property, located at 2 Main Street in the heart of Bisbee, Arizona's historic district, presents a unique investment opportunity. Built in 1938 by Del Webb, this cornerstone building originally served as the retail hub for the Phelps Dodge Corporation. Today, it thrives as a vibrant center of downtown activity, housing fourteen diverse businesses including anchor restaurants, retail shops, an art gallery, a small market, a bookstore, and a radio station, among others. The building boasts impressive showcase windows offering unparalleled visibility and exposure, capitalizing on its prime location within the bustling Old Bisbee Historic District. The property's substantial size encompasses 11,971 square feet on the first floor, 7,738 square feet of mezzanine space, and a 12,250 square foot basement, providing ample space for a variety of commercial uses. A significant advantage is the inclusion of 40 parking spaces, a rare commodity in this desirable location. The 0.48-acre lot ensures ample space for the building and its operations. This property represents a rare chance to acquire a landmark building in a thriving historic district, offering strong potential for future growth and income generation. The building's history, location, and current occupancy make it a truly exceptional investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bisbee
- County
- Cochise
- State
- Arizona
- Longitude
- -109.915
- Latitude
- 31.4416
