Vista Point Properties

61 Main Street, Bisbee, AZ 85603

$1,050,000
Property Type: Commercial Square Footage: 8,311 Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $1,050,000 List Date: 3/05/2019 Last Modified: 12/10/2024

Description

The Bisbee Grand Hotel A Bed and Breakfast Inn of Victorian Elegance is located on Main St in the Bisbee Historic District. The hotel has seven suites and six rooms all appointed with different themes. The Grand Saloon is a full service bar and the restaurant's kitchen has been recently upgraded. Turn key operation all fixtures furnishings and series six liquor license are included. Owner/Agent. Excellent cash flow business with huge upside potential.

More Information MLS# 21824445

Address Information

Street #: 61 Street Name: Main Suffix: Street State/Province: AZ Zip Code: 85603 County: Cochise Country: USA

Location Tax Legal

Tax Code: 103-62-005 Area: Cochise

Contract Information

Current Price: $1,050,000 Sold Price: $1,050,000 Listing Date: 2018-09-07 Status: Closed Method of Title: Fee (Simple) Short Sale: No

Status Change Info

Off Market Date: 2019-03-23 Pending Date: 2019-03-29 Sold Date: 2019-04-24 Sold Price: $1,050,000 Sold Price/SqFt: 126.34 Lot Sz Sold Prc/SqFt: 160.7 Financing: Cash Owner Carryback

General Property Information

Property Sub-Type: Hotel/Motel Construction Status: Existing # Units: 1 Multi-Tenant: No Year Built: 1900 Lot Dimensions: Call Listing Broker for Maps and Assistance Lot Acres: 0.15 Lot Sqft: 6534 Lot Size Source: Assessor Combined SqFt: 8311 Source of SqFt: Owner List Price/SqFt: 167.25 Lot Size Price/SqFt: 212.73

Remarks Misc

Geo Lat: 31.441619 Geo Lon: -109.917015

Showing Information

Directions: On Main Street in the Bisbee Historic District

Analysis

Cap Rate %: 10

Expenses

Figures Presented: Actual

Space Information

Ceiling Height: 14ft

Electric

Electric Company: APS

Submit With Offer

Seller Title Company: Stewart Title

Property Features

Construction: Brick Main Cooling: Central Air; Evaporative Cooling; None Main Heating: Forced Air; Natural Gas Gas: Natural Sewer: Connected Water: Public Security: None Landscape - Front: None Landscape - Rear: None Road Type: Paved Parking: Public Parking Traffic Count: Unknown Terms: Cash; Conventional; Owner Carry; Submit Submit With Offer: Digital Signature Accepted; Proof of Funds Property Disclosures: County Parcel Info; Flood Plain; Lead Based Paint; Plat Map Special Conditions: None
Listing Office: Centra Realty
Last Updated: December - 10 - 2024
61 Main Street, Bisbee, AZ 85603- MLS# 21824445
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