72-78 Main St, Bisbee, AZ 85603

72–78 Main Street presents a rare opportunity to acquire a mixed-use commercial building located in the heart of historic downtown Bisbee. The property features two established restaurant tenants providing current income, along with a newly renovated restaurant space ready for a new operator.

The building totals approximately 3,586 square feet and consists of three commercial units plus additional flex space. Two restaurant tenants currently operate in the building, creating a strong food presence and steady foot traffic along this vibrant downtown corridor.

Once the vacant restaurant space is leased or owner-occupied, the property has the potential to significantly increase overall income and achieve a projected cap rate approaching 8% at the current asking price.

Property Highlights

• Historic downtown commercial building
• Total building size approximately 3,586 SF
• Two established restaurant tenants
• Leases secured through January 2028
• Newly renovated restaurant space available
• Commercial kitchen infrastructure in place
• Walk-in cooler and additional flex space
• CM-2 zoning allows mixed-use flexibility
• Located in Bisbee’s active tourism and dining district
• Value-add investment or owner-user opportunity

Building Overview

The largest space in the building, Unit 72–74, has been completely renovated and offers approximately 1,200 square feet plus an additional 645 square feet of flex space located behind the unit. The space includes significant commercial kitchen infrastructure, allowing a new restaurant concept to open with minimal build-out costs.

Vacant / Newly Renovated

Unit 72–74 + Flex Space

~1,200 SF Restaurant Space + ~645 SF Flex Space (Walk-in Cooler / Storage).

• 10-foot Type I hood with fire suppression system
• Bakers Pride deck oven
• High-heat dishwasher
• Walk-in cooler
• Floor sinks & dedicated prep areas

Occupied Tenant

Unit 78: Taqueria Outlaw

~1,085 SF. Established restaurant operator drawing steady foot traffic.

• Restaurant Tenant
• Current Annual Rent: $24,000

Occupied Tenant

Unit 76: Santos

~515 SF. Popular local dining destination.

• Restaurant Tenant
• Current Annual Rent: $15,240

Investment Note: Modest rent adjustments to existing tenants combined with lease-up of the renovated restaurant space could produce stabilized cap rates exceeding 8 percent.