Ideal Opportunity for Owner-Operator

20-26 Main Street, Bisbee, AZ

$1,995,000

Price

8,000 sqft

Building Size

1 acres

Lot Area

Overview
Building Size
8,000 sqft
Lot Area
1 acres
Keys
7
Year Built
1883
Floors
2
Description

The Bowman Post Group of NewGen Advisory is pleased to present for sale the Historic Letson Loft Hotel and retail space in the heart of historic Old Bisbee, Arizona. Featuring 8 guestrooms right on Main Street and an opportunity to build additional guest rooms, this boutique hotel is perfect for an onsite owner-operator, as it is currently being run by an innkeeping and housekeeping staff.

Broker of Record: Dinesh "Dan" Rama | NewGen Advisory AZ, LLC. | License No.: LC625954000

Bisbee is a beautiful tourist destination, drawing worldwide visitors and located just 90 miles southeast of Tucson, Arizona. While once known for its mining industry, the town is now vibrant and culturally rich. Walk through the well-preserved historical architecture, listen to the music from the cafes, and stroll along the art filled streets and galleries. Bisbee offers something for everyone from tasting the wide variety of homemade breads, cheeses, and coffees, and other delectable offerings. There is plenty of activity here for an extended weekend with family and friends.

Highlights
  • 8 Perfectly appointed guest rooms above Main St., plus 3 fully leased, ground-level stores/galleries
  • Space to create additional guestrooms or lease-space revenue
  • 2023 Revenue: $333,769
  • 2022 Revenue - $344,665
  • Seller May Finance Qualified Buyers

Location