69 Main St Bisbee, AZ 85603-9901
- Retail properties
- 10,595 SF
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 69 Main St
- Year built
- 1900
- Construction
- CONCRETE
- Lot size
- 1.00 lot acres
- Property size
- 10,595 SF
- Property type
- Retail properties
- APN
- 103-62-003A
- APU
- 10362003A
Description
This exceptional three-story, 10,000-square-foot mixed-use building in historic Bisbee, Arizona, presents a unique investment opportunity. Originally the Palace Livery, this Class C property boasts a fascinating history, including a functional horse elevator. Built in 1912 and renovated in 2021, it features three 3,333-square-foot floor plates, with the first floor offering prime Main Street window frontage. High ceilings, exposed brickwork, and poured concrete on the second floor add to its character. Large operable windows on the third floor provide ample natural light. Currently configured as retail space on the first two floors and storage on the third, the property offers diverse redevelopment potential, including hotel rooms, expanded restaurant space, or additional retail. The current tenant lease expires in August 2023, with a 90-day cancellation clause. Priced at $750,000 ($75 per square foot), this single-unit property is an owner-user investment. The building's unique features and prime location in a thriving historic district make it an attractive proposition for a variety of uses.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $681,000
- AI Estimate
- $741,000
Market price range: $681k - $1.70MMarket price range: $741k - $2.14M
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Location Insight
- Map
- Local Demand
- City
- Bisbee
- County
- Cochise
- State
- Arizona
- Longitude
- -109.917
- Latitude
- 31.4415
- CBSA code
- 43420
- CBSA name
- SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA
