61 Main St Bisbee, AZ 85603
For Sale
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The Historic Bisbee Grand Hotel, located at 61 Main Street in the heart of downtown Bisbee, Arizona, presents a unique investment opportunity. This charming 8,311 square foot property sits on a 0.15-acre lot and boasts 13 guest rooms, including five spacious suites. The hotel also features a fully operational bar and restaurant, creating a synergistic revenue stream. The establishment is known for its blend of historical charm and modern amenities, further enhanced by its popular live entertainment offerings. This turnkey operation has a proven track record of success, generating consistent income from room rentals, food and beverage sales, and entertainment events. The hotel's prime location in Bisbee's vibrant tourism district ensures continued high occupancy rates and strong revenue potential. The property's historical significance adds to its appeal, attracting both history buffs and those seeking a unique and memorable experience. This is a rare chance to acquire a well-established and profitable business in a desirable location, offering immediate returns and significant long-term growth potential. The asking price for this exceptional property is $2,750,000. The hotel's existing reputation and loyal customer base provide a solid foundation for continued success under new ownership.
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.