61 Main Street, Bisbee, AZ 85603 (MLS# 21824445)

$1,050,000

61 Main Street
Bisbee, AZ 85603
MLS# 21824445
Status: Closed
8311 sqft

1 / 49

Property 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.

Details

Maps

Address Information

Country: USA

Street #: 61

Street Name: Main

Suffix: Street

State/Province: AZ

Zip Code: 85603

County: Cochise

Location, Tax & Legal

Tax Year: 2017

Taxes: 14028.92

Assessments: 0

Legal Description: LONG LEGAL DESCRIPTION AT LISTING OFFICE

Municipality/Zoning: Bisbee – Call

Fire Protection: Included in Taxes

FEMA Flood Zone: Yes

Municipal Flood Zone: No

Tax Code: 103-62-005

Area: Cochise

Contract Information

Method of Title: Fee (Simple)

Short Sale: No

Current Price: $1,050,000

Sold Price: $1,050,000

Listing Date: 2018-09-07

Status: Closed

Status Change Info

Off Market Date: 2019-03-23

Sold Price/SqFt: 126.34

Lot Sz Sold Prc/SqFt: 160.7

Financing: Cash Owner Carryback

Pending Date: 2019-03-29

Sold Date: 2019-04-24

Sold Price: $1,050,000

Showing Information

Directions: On Main Street in the Bisbee Historic District

General Property Information

Property Sub-Type: Hotel/Motel

Construction Status: Existing

# Units: 1

Lot Dimensions: Call Listing Broker for Maps and Assistance

Lot Acres: 0.15

Total Parking: 0

Lot Sqft: 6534

Multi-Tenant: No

Lot Size Source: Assessor

Source of SqFt: Owner

List Price/SqFt: 167.25

Lot Size Price/SqFt: 212.73

Year Built: 1900

Combined SqFt: 8311

Electric

Electric Company: APS

Gas

Natural: 1

Construction

Brick: 1

Expenses

Admin Expenses: 0

Captial Expenses: 0

Contract Services: 0

Figures Presented: Actual

Gas/Electric: 0

Insurance: 0

Maintenance Supplies: 0

Management: 0

Resident Manager: 0

Water/Sewer: 0

Other Expenses: 0

Sewer

Connected: 1

Water

Public: 1

Space Information

Ceiling Height: 14ft

Road Type

Paved: 1

Main Cooling

Central Air: 1

Evaporative Cooling: 1

None: 1

Main Heating

Forced Air: 1

Natural Gas: 1

Terms

Cash: 1

Conventional: 1

Owner Carry: 1

Submit: 1

Submit With Offer

Digital Signature Accepted: 1

Proof of Funds: 1

Seller Title Company: Stewart Title

Security

None: 1

Sold Info

Seller Concessions: 0

Landscape – Front

None: 1

Landscape – Rear

None: 1

Parking

Public Parking: 1

Freeway/Highway

1.1 – 2 Miles: 1

Traffic Count

Unknown: 1

Property Disclosures

County Parcel Info: 1

Flood Plain: 1

Lead Based Paint: 1

Plat Map: 1

Special Conditions

None: 1

Remarks Misc

Geo Lat: 31.441619

Geo Lon: -109.917015

Analysis

Cap Rate %: 10

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

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