61 Main Street, Bisbee, AZ 85603
$3,000,000
Property Type:
Commercial
Square Footage:
8,311
Lot Size (sq. ft.):
459
Status:
Active
Current Price:
$3,000,000
List Date:
9/27/2023
Last Modified:
9/27/2023
Description
The Historic Bisbee Grand Hotel, is a charming 13 room hotel including 5 large suites with a bar/restaurant establishment that marries the allure of history with timeless live entertainment. Rarely does a property blend historical significance, modern amenities, and live entertainment as harmoniously as the Historic Bisbee Grand Hotel. Situated in the heart of downtown Bisbee, this investment offers not only the chance to own a piece of history but also to partake in Bisbee's thriving tourism industry. The hotel is a well-established and successful operation, generating a steady stream of revenue from room bookings, dining, drinks and live entertainment. A new owner can seamlessly step into this turnkey venture and capitalize on its existing reputation and customer base.
Supplements: Virtual tours and NDA are available on Crexi.com
More Information MLS# 22320774
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
Tax Year: 2022
Taxes: 14064.78
Legal Description: Long Legal
Area: Cochise
Municipality/Zoning: Bisbee - Call
Fire Protection: Included in Taxes
FEMA Flood Zone: Yes
Municipal Flood Zone: No
Contract Information
Current Price: $3,000,000
List Price: $3,000,000
Listing Date: 2023-09-21
Status: Active
Co-Op Fee: 3.00%
Short Sale: No
Showing Information
Directions: On Main Street in the Bisbee Historic District
General Property Information
Dwelling Type: Hotel & Motel
Construction Status: Existing
Year Built: 1900
Lot Dimensions: 17x43x26x77x81x100
Lot Acres: 0.15
Lot Sqft: 6534
Lot Size Source: Assessor
Combined SqFt: 8311
Source of SqFt: Assessor
List Price/SqFt: 360.97
Lot Size Price/SqFt: 459.14
Remarks & Misc
Geo Lat: 31.441622
Geo Lon: -109.917015
Income
Gross Scheduled Rent: 1171878
Unit Information
Hotel/Motel: Full Service
Other: Bar / Restaurant
Space Information
Ceiling Height: 14ft
Door Height: 8 ft
Electric
Electric Company: APS
Property Features
Property Features: Furnished; Interior Steps; Skylight; Smoke Detector; Storage; Wet Bar
Construction: Brick
Warehouse Storage: Dry
Fenced Storage: No
Main Cooling: Central Air; Evaporative Cooling; Heat Pump; Wall Unit(s)
Main Heating: Forced Air; Heat Pump; Natural Gas; Wall
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Security: Cameras
Fence: None
Landscape - Front: None
Landscape - Rear: None
Road Type: Paved
Parking: Public Parking
Business Location: Commercial Strip
Freeway/Highway: Up to 1 Mile
Traffic Count: Unknown
Submit With Offer: Loan Pre-Qualifiaction
Property Disclosures: Lead Based Paint
Documents
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 27 - 2023
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