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Property profile & analytics
FOR SALE
Motels

61 Main St Bisbee, AZ 85603

8,311 SF 0.13 ac lot Built 1900
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US07-0424795
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1900
Construction CONCRETE
Total area 8,311 SF
Lot 0.13 ac (5,749 SF)
APN 103-62-005
UPID US07-0424795
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
$655k
Comparable Approach Comparable
$784k
Blend (final) Blend
$680k
Owner & transaction history
Tattooed Aristocrats LLC · 7 yrs held
Tattooed Aristocrats LLC
since 2019
7 recorded transactions
2019
$1.1M
2019
Price N/A
2010
Price N/A
2010
Price N/A
2006
$1.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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