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

61 Main Street, Bisbee, AZ 85603

$1,050,000
Property Type: Commercial Square Footage: 8,311 Lot Size (sq. ft.): 212 Status: Closed
Current Price: $1,050,000 List Date: 3/05/2019 Last Modified: 12/10/2024

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.

More Information MLS# 21824445

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
61 Main Street, Bisbee, AZ 85603- MLS# 21824445
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