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Property profile & analytics
FOR SALE
Investment properties

41 Main St Bisbee, AZ 85603

733 SF 2 ac lot Built 1906
Entity Owned 3-yr Hold Free & Clear
Property ID
US07-0933089
Property summary
AI-generated overview

This stunning two-story brick building, constructed in 1906, is located in Bisbee's Historic District, a National Historic Landmark. The property boasts a recessed entry and striking arched second-story windows with decorative radiating voussoirs, reflecting the unique architectural style of Bisbee's mining era. Each of the two floors offers approximately 733 square feet of space, totaling roughly 1466 square feet, plus a full basement. The main level currently houses a thriving, tenant-occupied hat shop (tenant's inventory does not convey). This vibrant storefront adds to the charm of Bisbee's Main Street. The second floor is a fully furnished Airbnb, complete with stylish decor which conveys with the sale, offering picturesque views of Main Street. The basement, featuring beautiful brick floors, is currently used for storage but presents significant potential for redevelopment, perhaps as a studio or other unique space. The 0.02-acre lot provides a manageable footprint for this exceptional property. This unique blend of historical charm and modern functionality makes it an attractive investment opportunity in the heart of Bisbee's vibrant cultural scene. The property's location on Main Street ensures high visibility and accessibility. This is a rare chance to own a piece of Bisbee's rich history.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1906
Construction CONCRETE
Total area 733 SF
Lot 2 ac (87,120 SF)
APN 103-62-183
UPID US07-0933089
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ledbetter Holdings LLC · 3 yrs held
Ledbetter Holdings LLC
since 2023
6 recorded transactions
2023
Price N/A
2020
$277,500
2019
$270,000
2013
$206,000
2001
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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