41 Main Street

Description

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.