Letson Loft Hotel

Highlights:

• 9 beautifully appointed boutique guest rooms
• Approximately 2,000 square feet of income-producing ground-floor retail space
• Approximately $30,000 in annual retail rental income
• More than $3.7 million invested in restoration and renovation completed in 2025
• $311,671 TTM hotel revenue through June 2026*
• Approximately $341,671 in combined annual hotel and retail revenue* based on current retail rents
• 21-year history as a profitable, fully absentee-owned operation
• Prime Main Street location in the heart of highly walkable Historic Old Bisbee
• Approximately 1.5 hours from Tucson
• Proven absentee-ownership model with additional potential for an engaged owner-operator

Description:

We are pleased to present the Letson Loft Hotel, a distinctive mixed-use boutique hotel and retail property ideally located on Main Street in the heart of Historic Old Bisbee, Arizona.

For more than two decades, the Letson has operated as a profitable, fully absentee-owned hospitality business in one of Arizona’s most unique and walkable tourism destinations. Its prominent Main Street location places guests steps from Bisbee’s restaurants, galleries, independent shops, historic architecture, and cultural attractions—and at the center of the character and charm that draw visitors to Old Bisbee year-round.

Following an extensive restoration and rebuild completed in 2025, with more than $3.7 million invested, the Letson offers the rare combination of a historic property and a substantially renewed hospitality asset. The property features nine beautifully appointed guest rooms plus approximately 2,000 square feet of income-producing ground-floor retail space, providing diversified revenue from both hospitality operations and commercial tenants.

The Letson’s long history of profitable absentee ownership offers a compelling and proven model for an investor seeking a remotely managed hospitality asset. At the same time, the property presents additional potential for an owner-operator who may be able to capture operating efficiencies and further enhance returns through more direct involvement.

With its intimate scale, prime Main Street location, substantial recent investment, multiple revenue streams, and established operating history, the Letson represents a unique opportunity to acquire a fully restored mixed-use property in an established Arizona tourism market.