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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
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 27 - 2023
61 Main Street, Bisbee, AZ 85603- MLS# 22320774
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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