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    FOR SALE
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    109 S 3 St Tombstone, AZ 85638

    6,505 SF Built 1992
    Property ID
    US07-1187468
    109 S 3 St, Tombstone, AZ 85638 For Sale 1 / 81
    $775,000 6,505 SF
    109 S 3 St, Tombstone, AZ 85638
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    Amazing opportunity to own this 6,500 sq ft building just a few steps away from the Tombstone historic district & main street & the OK Corral. The building frontage has heavy foot & auto traffic due to the proximity to Allen Street. Allen Street is cut off to auto traffic for pedestrians to enjoy the town shopping, restaurants, and live entertainment. Property is currently operating as hotel with 3 guest suites and rental of theatre space. Upstairs apartment is used by the owner when in town. The 1st floor apartment is occupied by the onsite property manager. The 1st Floor studio has been saved for friends & family visits. Onsite manager would consider staying otherwise the unit will be vacated. Building is being sold with all furnishings and decor (with exception to private property of onsite manager and theatre group). No value is being given to the business. Buyers may take over existing bookings, if desired. Building would be excellent to continue hotel business or use as retails shops or office space. Hotel: Upstairs 1 - private apartment with bedroom, bathroom, living room, dining room, kitchen & private balcony. 3 - guest suites w/ private bathroom, one with balcony views of the town. Plus a laundry room, storeroom & common area gathering space. Access to upstairs is from exterior of building. Downstairs: 1 - studio apartment with full bath. Private entrance from exterior of building. 1 - apartment with kitchen, bedroom, living room, bathroom laundry room & storage. Private entrance from exterior of building. Theatre/Event Space with seperate entrance. Ideal for hosting events. The space is currently leased by a theatre group doing wild west reenactments. FIRPTA MAY APPLY.

    Property profile
    Verified
    Property type Hotels
    Year built 1992
    Total area 6,505 SF
    UPID US07-1187468
    Cap rate & NOI
    Priority signal for investors
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    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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