2 Main St Bisbee, AZ 85603
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.