41 Main St Bisbee, AZ 85603
Estimated payment $2,752/month
Highlights
- Cooling System Mounted To A Wall/Window
- Heating Available
- 5-minute walk to Old City Park
About This Home
Historic 1906 Gem in the Heart of Bisbee with Value-Add Potential Located in the Bisbee Historic District--a designated National Historic Landmark--this two-story brick building captures the essence of Bisbee's rich mining-era heritage. Featuring a recessed entry and arched second-story windows with decorative radiating voussoirs, the architecture reflects the timeless character of Old Bisbee during its peak years. This charming property offers approximately 733 sq. ft. per level, plus a basement, creating three distinct income opportunities within one unique asset. Main Level (Retail):
A vibrant street-level storefront currently occupied, offering immediate income with clear upside through rent increases to market rates. Positioned on bustling Main Street, this space benefits fr strong visibility, foot traffic, and long-term tenant appeal.
Second Level (Short-Term Rental / Residential):
A fully furnished Airbnb-style unit with an open, airy layout and stylish décor that conveys with the sale. Guests enjoy picturesque views of Main Street, making this a highly desirable short-term rental. With optimized pricing and occupancy, this unit presents significant potential to increase revenue.
Basement (Value-Add Opportunity):
Featuring beautiful brick floors and historic character, the basement is currently used for storage but represents a compelling opportunity for additional income. Ideal for a speakeasy, art studio, boutique space, or leased area, this level offers flexible adaptive reuse potential aligned with Bisbee's creative and tourism-driven market.
Investment Appeal:
With three income streams and multiple paths to increased returns, this property is ideally suited for investors seeking both cash flow and appreciation. The combination of historic charm, prime location, and underutilized space creates a rare opportunity to unlock significant value. Whether you're an investor or a lover of historic architecture, this property blends timeless character with modern income potential in one of Arizona's most unique and culturally rich communities.
Don't miss the opportunity to own a true piece of Bisbee history--with built-in upside.
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,606
Year Built
- Built in 1906
Lot Details
- 930 Sq Ft Lot
- Property is zoned CM2
Home Design
- 1,465 Sq Ft Home
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Private Water Source
Additional Features
- Basement
Listing and Financial Details
- Tax Lot 30
- Assessor Parcel Number 103-62-183
Community Details
Overview
- Bisbee Subdivision
Building Details
- Operating Expense $12,215
- Gross Income $25,700
- Net Operating Income $13,675
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,551 | $53,891 | $2,508 | $51,383 |
| 2024 | $4,551 | $50,186 | $2,508 | $47,678 |
| 2023 | $4,416 | $41,784 | $2,508 | $39,276 |
| 2022 | $4,405 | $36,687 | $2,508 | $34,179 |
| 2021 | $3,227 | $21,313 | $2,508 | $18,805 |
| 2020 | $3,236 | $0 | $0 | $0 |
| 2019 | $3,244 | $0 | $0 | $0 |
| 2018 | $3,386 | $0 | $0 | $0 |
| 2017 | $3,212 | $0 | $0 | $0 |
| 2016 | $3,014 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | Price Changed | $450,000 | -9.6% | $307 / Sq Ft |
| 11/21/2024 11/21/24 | For Sale | $498,000 | -- | $340 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $277,500 | Pioneer Title Agency | |
| Special Warranty Deed | $270,000 | Pioneer Title Agency | |
| Cash Sale Deed | $206,000 | Pioneer Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $223,000 | Unknown |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6786666
APN: 103-62-183
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.