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

Overview

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.

Listing Details 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

General Property Information

Property Sub-Type
Hotel/Motel
Construction Status
Existing
# Units
Yes
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

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

Contract Information

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/SqFt
126.34
Lot Sz Sold Prc/SqFt
160.7
Financing
Cash Owner Carryback

More Information

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
IDX
Listing Office: Centra Realty
Last Updated: December - 10 - 2024
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