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$469,000 -$10,000 (-2.09%) Price Reduced
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Property Description
Prime commercial opportunity in the heart of Historic Florence. Located in the Downtown Commercial (DC) district, the historic Jesus Martinez House offers exceptional visibility, flexible layout, and multiple exterior entrances ideal for retail, office, studio, boutique hospitality, or live/work use. Originally built in the 1870s and later adapted as a neighborhood market and a bed in breakfast, the building is well-suited for multi-tenant or destination-style businesses. Features include thick adobe walls, original wood floors, viga and latilla ceilings, updated interior spaces, and a large private courtyard perfect for customer seating, events, or outdoor workspace. DC zoning allows a wide range of commercial uses, giving this property strong investment potential. A rare chance to own a distinctive commercial landmark in Florence's historic core.
Full Property Details
Full Property Details for 321 N Bailey St
General
- Price: $469,000
- Taxes: $1,514 (2024)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6944919
- Updated: 1/9/2026
- Added to Site: 68 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Professional/Office, Mixed, Barber
Interior
- Flooring: Wood
Parking
- Parking Features: Parking Lot, Private, Fenced
Location
- County: Pinal
- Township: 04S
- Subdivision: TOWNSITE OF FLORENCE
- Cross Streets: Florence St. & 8th Street
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Air Conditioning, Heat Pump
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Structure Type: Other (See Remarks), Commercial
- Exterior Const.: Other, Stucco
- Roof: Metal
- Year Built: 1863
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,821
- Lot Dimensions: 95 x 125
- Zoning: DC
Financial Considerations
- Tax Amount: $1,514
- Tax Year: 2024
Disclosures and Reports
- Legal Description: FLORENCE TOWNSITE: ALL OF BLK 125 & N-30' ADJ EXC FOR THE S-60' T HEREOF SEC 36-4S-9E .27 AC
- Property ID: 200-49-004-A
- Range: 09E
- Section: 36
- Lot Number: -
Listed by Russ Lyon Sotheby's International Realty
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Schools
Schools serving 321 N Bailey St
School District:Florence Unified School District
| Name | Grades | Distance |
|---|---|---|
Florence K-8 460 South Park Street, Florence, AZ 85132 | K-8 | 0.5 mi |
Florence High School 1001 South Main Street, Florence, AZ 85132 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 321 N Bailey St
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$469,000
-2.09%
MLS
11/08/2025
Listed
$479,000
50.87%
MLS
3/17/2020
Sold
$317,500
—
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 321 N Bailey St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,541
-4%
$27,288
3%
2023
$1,609
—
$26,546
-17%
2023
$1,609
-11%
$32,128
52%
2022
$1,815
-15%
$21,162
-28%
2021
$2,147
9%
$29,230
100%
2020
$1,968
1%
100%
2019
$1,956
4%
-100%
2018
$1,880
649%
$17,666
67%
2017
$251
2%
$10,572
458%
2016
$246
-3%
$1,895
2%
2015
$254
14%
$1,860
1%
2013
$222
—
$1,836
—
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 321 N Bailey St
321 N Bailey Street, Florence, AZ 85132 (MLS# 6944919) is a Commercial property. 321 N Bailey Street is currently listed for $469,000 and was received on November 08, 2025. Want to learn more about 321 N Bailey Street? Do you have questions about finding other Commercial real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.

