$1,050,000
57 MAIN Street
Bisbee, AZ 85603
MLS# 5818777
Status: Closed



57 MAIN Street, Bisbee, AZ 85603
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57 MAIN Street, Bisbee, AZ 85603 57 MAIN Street, Bisbee, AZ 85603 57 MAIN Street, Bisbee, AZ 85603 57 MAIN Street, Bisbee, AZ 85603 57 MAIN Street, Bisbee, AZ 85603 57 MAIN Street, Bisbee, AZ 85603 57 MAIN Street, Bisbee, AZ 85603

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. The Sellers also own a fully restored historic home in the Bisbee Historic District less than an 1/8 of a mile away. This home can also be purchased in conjunction with the purchase of the hotel. Price to be negotiated separately.

Details
Maps
Contract Info
Current Price: $1,050,000
Sold Price: $1,050,000
Status: Closed
List Date: 2018-09-09
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: C73
House Number: 57
Street Name: MAIN
St Suffix: Street
City/Town Code: Bisbee
State/Province: AZ
Zip Code: 85603
Zip4: 9901
Country: USA
County Code: Cochise
Legal Description (Abbrev): LOT 7 BLOCK 6 BISBEE
Subdivision: BISBEE
Assessor's Map #: 62
Assessor's Parcel #: 5
Add'l Parcels: No
Assessor Number: 103-62-005
Census Tract: 1000
Legal: LOT 7 BLOCK 6 BISBEE
Tax Municipality: Bisbee
Taxes: 14028.92
Tax Year: 2017
General Property Description
Ttl Apx SqFt Bldg: 8311
# of Buildings: 1
Year Built: 1900
Zoning: Bisbee-call
Remarks & Misc
Cross Street: Brewery Gulch
Directions: On Main St in the Bisbee Historic District Call Listing Brokers if you need directions to Bisbee, AZ
Geo Lat: 31.441633
Geo Lon: -109.917023
Status Change Info
Status Change Date: 2019-04-16
Off Market Date: 2019-04-16
Under Contract Date: 2019-03-29
Close of Escrow Date: 2019-04-15
Sold Price: $1,050,000
Legal Info
Township: 23
Range: 9
Section: 24
Lot Number: 7
Income & Expenses
Owner Association: No
Operating Exp: 14028.92
Pmt & Rate Info
Down Payment: 750000
Equity: 1390000
Contact Info
List Agent Home Phn: 520-850-6345
Sold Info
Loan Type: Carryback
Loan Years: 25
Payment Type: Fixed
Clsing Cost Split: Buyer - B
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Restaurant; Bar; Other; See Remarks
Stories: 2 Stories
Construction: Brick
Roofing: Built-Up
Floors: Wood; Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet; 16.1 Feet to 28 Feet; 28.1 Feet or Over
Heating: Natural Gas
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Finished; Smoke Detector(s); Phone System; Private Restrooms; Public Restrooms; Other (See Remarks)
Exterior: Monument Sign
Fencing: None
Amenities: Basement; Kitchen; Other (See Remarks)
Parking: Public Parking
Electric: APS; Master Meter; 220; 3 Phase Power
Gas: SW Gas
Water: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Freeway/Highway: Up to 1 Mile
Special: Owner/Agent
Source of Fincl Data: Provided by Owner; Books Shown; Tax Return; Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt
Traffic Count: Up to 5,000; Other (See Remarks)
Reports/Disclosures: Seller Prop Disc Stm; Sch of Personal Prop; Other (See Remarks)
Environmental: None

Listing Office: Centra Realty

Last Updated: August - 06 - 2021

57 MAIN Street, Bisbee, AZ 85603 - MLS# 5818777
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