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41 MAIN Street, Bisbee, AZ 85603
Overview
Description
Supplements: ... (Read more) income production. The building offers approximately 733 sq. ft. per level, plus a basement, creating three distinct opportunities within one remarkable property.Main Level - Retail / Commercial / Creative Space A vibrant street-level storefront currently occupied, providing immediate income with potential upside through future rent increases or adaptive reuse. Positioned on bustling Main Street, this space enjoys strong visibility, foot traffic, and long-term appeal for retail, studio, café, gallery, office, or live/work concepts.Second Level - Residential / Short-Term Rental The upstairs level is currently configured as a fully furnished Airbnb-style unit featuring an open, airy ambiance with stylish décor that conveys with the sale. Guests enjoy picturesque Main Street views, making this a highly desirable short-term rental. Alternatively, the space could easily serve as a private residence, artist loft, or owner-occupied living quarters above the commercial level below.Basement - Speakeasy / Studio / Expansion Opportunity Featuring beautiful brick floors and historic character, the basement is currently used for storage but offers compelling adaptive reuse potential. Ideal for a speakeasy, wine bar, art studio, workshop, boutique retail, lounge, or additional residential expansion, this level adds significant value-add opportunity rarely found in historic downtown properties.Investment & Lifestyle Appeal With multiple income streams, flexible CM-2 zoning, and residential potential, this property appeals to both investors and lifestyle buyers seeking an authentic Old Bisbee experience. The combination of historic architecture, tourism-driven demand, walkability, and adaptive reuse possibilities creates a rare opportunity to own a true piece of Bisbee history while unlocking substantial future upside. Whether envisioned as an investment property, boutique mixed-use project, live/work residence, or creative retreat, this property blends timeless character with modern flexibility in one of Arizona's most unique and culturally rich communities. Don't miss the opportunity to own a landmark property in the heart of Old Bisbee--with built-in charm, income potential, and endless possibilities.
Listing Details MLS# 7031135
Location, Tax & Legal
- House Number
- 41
- Street Name
- MAIN
- St Suffix
- Street
- City/Town Code
- Bisbee
- State/Province
- AZ
- Zip Code
- 85603
- Zip4
- 9901
- Country
- US
- County Code
- Cochise
- Subdivision
- BISBEE
- Assessor Number
- 103-62-183
- Tax Year
- 2025
- Assessor's Map #
- 62
- Legal Description (Abbrev)
- LOT 30 BLOCK 4 BISBEE
- Assessor's Parcel #
- 183
- Add'l Parcels
- No
- Tax Municipality
- Bisbee
- Census Tract
- 1000
- Taxes
- 4606
- Legal
- LOT 30 BLOCK 4 BISBEE
- Marketing Name
- Historic Bisbee 1906 Gem
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- Irregular
- Year Built
- 1906
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 3
- # of Buildings
- Yes
- Zoning
- CM2
- Flood Zone
- Yes
- Elementary School District
- Bisbee Unified District
- High School District
- Bisbee Unified District
- Elementary School
- Greenway Primary School
- Jr. High School
- Lowell School
- High School
- Bisbee High School
Remarks Misc
- Cross Street
- Subway
- Directions
- Located on the corner of Subway St. and Main Street in downtown Bisbee.
Legal Info
- Township
- 23
- Range
- 24
- Section
- 9
- Block
- 4
- Lot Number
- 30
Income Expenses
- Gross Annual Sch Inc
- 11700
- Net Operating Income
- 13675
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Phone Call
- Yes
Efficiency Units
- # Efficiency Units
- Yes
- Avg Rent
- 700
- Avg SqFt
- 733
- # Baths
- Yes
Project Type
- Other (See Remarks)
- Yes
Other Type
- Other (See Remarks)
- Yes
Construction
- Brick
- Yes
Const - Finish
- Other (See Remarks)
- Yes
Roofing
- Built-Up
- Yes
- Other
- Yes
Floors
- Tile
- Yes
- Wood
- Yes
Sale Includes
- Other (See Remarks)
- Yes
Income & Expenses
- Annual Elec Exp
- 2234
- Annual Gas Exp
- 0
- Annual Ins Exp
- 2687
- Annual Maint Exp
- 1068
- Annual Trash Exp
- 1164
- Annual Wtr/Swr Exp
- 456
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 12215
- Other Income
- 0
- Vacancy Allowance
- 0.33
- Adjusted Gross Inc
- 7839
Pmt & Rate Info
- Cap Rate
- 3.04
- Equity
- 450000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- Combo
- Yes
- Other
- Yes
Community Features
- Pool
- Yes
- Heated Pool(s)
- Yes
- General Store
- Yes
- Play Area
- Yes
- Other
- Yes
Heating
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Window/Wall Unit
- Yes
Exterior Amenities
- Sidewalk(s)
- Yes
Interior Features
- Partially Furnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Basement
- Yes
Tenant Pays
- None
- Yes
Appliances Included
- Microwave
- Yes
- Refrigerator
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Concrete
- Yes
Source of Fincl Data
- Owner
- Yes
Road Responsibility
- City Maintained Road
- Yes
Water Source
- Private
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- On Street
- Yes
- Paved
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Electric
- Yes
- Trash Collection
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Environmental
- None
- Yes
1 Bedroom Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0

