202 Tombstone Cyn Bisbee, AZ 85603-1075
This unique Bisbee, AZ property, located at 202 Tombstone Canyon Unit 202, presents a compelling investment opportunity. Zoned C-1, this historic landmark building offers numerous versatile uses, currently operating as a restaurant. Boasting an open floor plan with hardwood floors, skylights, and ceiling fans, the space includes a commercial kitchen equipped with a walk-in freezer and a private office. The inviting atmosphere features a wood-burning fireplace in one dining area and a beautiful bar in another. A spacious, covered outdoor dining area, recently upgraded with a new metal roof, brickwork, additional patio support, and wrought iron railing, overlooks Tombstone Canyon Road. This area provides ample seating, ideal for events like the Bisbee 1000. The back exterior offers additional seating potential. The entire exterior has been freshly painted. The second floor, historically residential (evidence of former stairs now replaced by skylights in the bar area), is currently used for storage. The property features a 200 Amp service panel and three mini-splits for climate control. Deeded parking is available in front, supplemented by city parking. The property includes two parcels: 103-61-325 ($8,283) for the building and 103-61-326A ($320) for the parking lot. The property line extends into adjacent businesses. The building, constructed in stages (1905 & 1960), is approximately 2,698 sq ft (per recent floor plans
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.