31 Subway St Bisbee, AZ 85603
This exceptional Bisbee property offers a rare opportunity to own three separate, fully renovated retail spaces in the heart of the historic downtown area. Located at 31 Subway Street, this 2,603 square foot building sits on a 0.07-acre lot and presents a compelling investment prospect. Each of the three storefronts boasts approximately 820 square feet of usable space, providing ample room for a variety of businesses. Each unit features its own separate entrance, allowing for independent operation and maximizing flexibility. Large display windows provide excellent street visibility, attracting foot traffic and enhancing brand exposure. The high ceilings, measuring 15 feet, create a spacious and inviting atmosphere. Furthermore, each unit benefits from its own dedicated electrical meter, ensuring efficient utility management. Recent, significant improvements have been made to the property, including a brand-new HVAC system, a completely new roof, upgraded electrical and plumbing systems, fresh interior and exterior paint, and the addition of two bathrooms, resulting in each unit having its own private restroom facilities. This turnkey property is ready for immediate occupancy and presents a unique opportunity for investors seeking a high-return investment in a thriving downtown commercial district. The property's prime location and recent renovations make it an ideal investment for both established businesses and new entrepreneurs. The asking price is $515,000.
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.
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Risks
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