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1 Howell Avenue, Bisbee, AZ 85603
$1,670,000
1 Howell Avenue, Bisbee, AZ 85603View this property at 1 Howell Avenue, Bisbee, AZ 85603
1 Howell AvenueBisbeeAZ85603
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Property Description
Seller Financing Available to Qualified Buyers! This is an incredible opportunity to purchase this gorgeous building at the corner of Howell and Brewery - the heart and focus of the Entertainment District in Historic Downtown Old Bisbee. Be in first position for capturing hungry and thirsty visitors and locals alike. The Brinley Building houses the former multi-year award winning Santiago's Mexican Restaurant and continuously top-rated, thriving, Hotel San Ramon. Built in 1902, the 5,098 sq ft building, with 1,009 sq ft basement, includes the 6-suite hotel, separate lobby and the 65-seat restaurant space at street level. Undergoing a complete $1.4M meticulous historical renovation in 2000, going as far as removing each brick one by one and numbering them for return to its proper place, the building has been lovingly cared for, upgraded and updated in all the right places. Including, in 2018, new grease trap, replacement of sewer main line through the building, plumbing and new connection to the City was completed. When both entities were fully operational together, conservatively, a 15% cap rate was easily realized. The Hotel San Ramon enjoys a consistently vibrant 74% occupancy rate. As an experienced restaurateur and business person, one can recognize what an incredible opportunity this is before you. Affectionately dubbed, The Vigneaux Corner, the family ties run deep spanning over a century and predating Arizona Statehood. It is time for the next family legacy to be born and carry the torch forward. Revive Santiago's? Repurpose the space? The choice is up to you. You can afford this, ask me about the Seller Financing Terms available to qualified buyers! Shown with a minimum of 24-hours notice and only with proof of funds or pre-qualification from a verifiable financial institution. The Brinley Building includes addresses 1 and 5 Howell Ave. Buyer to verify all facts and figures important to them, as well as any local & state business permitting, licensing & requirements.
Full Property Details
Full Property Details for 1 Howell Ave
General
- Price: $1,670,000
- Taxes: $11,697 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 6561637
- Updated: 3/12/2024
- Added to Site: 336 day(s) ago
Business
- Business Type: Other, See Remarks, Bar, Restaurant, Service Business,
Rental Information
- Complex Features: Basement, Kitchen, Skylight(s)
Interior
- Flooring: Ceramic Tile, Vinyl, Wood, Concrete
Parking
- Parking Features: Public Parking
Location
- County: Cochise
- Subdivision: COPPER JACK
- Cross Streets: Howell & Brewery Ave
Heating & Cooling
- Cooling Type: See Remarks, Central Air Conditioning
- Heating Type: See Remarks, Natural Gas
Utilities
- Sewer: Sewer-In & Connected, Public Sewer
- Water: Private Franchise
Structural Information
- # Buildings: 1
- Structure Type: Commercial
- Exterior Const.: Frame - Wood, Curtain Wall, Brick
- Roof: Built-Up
- Square Feet: 5,098
- Living Area: 5,098 Sq. Ft.
- Year Built: 1902
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,775
- Lot Dimensions: irregular
- Frontage: Asphalt, Sidewalk(s)
- Zoning: Commercial
Financial Considerations
- Tax Amount: $11,697
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Legal Description: LOT ON COPPER JACK SURF TO A DEPTH OF 40 FT BY M&B BEG N60DEG 08MINE394.24 FT FROM COR 4 OF COPPER J
- Property ID: 103-62-158-A
- Lot Number: ON
Listed by Keller Williams Arizona Realty
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Schools
Schools serving 1 Howell Ave
School District:Bisbee Unified District
Rating | Name | Grades | Distance |
---|---|---|---|
100 Old Douglas Rd, Bisbee, AZ 85603 | 5-8 | 1.6 mi | |
98 Cole Ave, Bisbee, AZ 85603 | K-4 | 2.6 mi | |
Bisbee Middle School
519 Melody Ln, Bisbee, AZ 85603 | PK-8 | 3.4 mi | |
325 School Terrace Rd, Bisbee, AZ 85603 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Howell Ave
Date
Details
Price
Change
Source
9/14/2023
Price Reduced
$1,670,000
-12.11%
MLS
5/26/2023
Listed
$1,900,000
216.67%
MLS
12/01/2005
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Howell Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,269
-4%
$75,587
—
2022
$11,697
-7%
$75,587
—
2021
$12,622
—
$75,587
100%
2020
$12,658
-4%
-100%
2018
$13,245
5%
$90,703
—
2017
$12,564
7%
$90,703
—
2016
$11,789
-3%
$90,703
—
2015
$12,159
-7%
$90,703
-3%
2013
$13,012
—
$93,223
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Howell Ave
1 Howell Avenue, Bisbee, AZ 85603 (MLS# 6561637) is a Commercial property. 1 Howell Avenue is currently listed for $1,670,000 and was received on May 26, 2023. Want to learn more about 1 Howell Avenue? Do you have questions about finding other Commercial real estate for sale in Bisbee? You can browse all Bisbee real estate or contact a Coldwell Banker agent to request more information.