1 Howell Avenue, Bisbee, AZ 85603

$1,670,000
Property Type: Comm/Industry Sale Square Footage: 5,098 Lot Size (sq. ft.): 2,775 Status: UCB (Under Contract-Backups)
Current Price: $1,670,000 List Date: 5/26/2023 Last Modified: 6/21/2025

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,

Supplements: 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.

More Information MLS# 6561637

Contract Info

Current Price: $1,670,000 List Price: $1,670,000 Status: UCB (Under Contract-Backups) List Date: 2023-05-26 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: C73 House Number: 1 Street Name: Howell St Suffix: Avenue City/Town Code: Bisbee State/Province: AZ Zip Code: 85603 County Code: Cochise Subdivision: COPPER JACK Assessor Number: 103-62-158-A Tax Year: 2022

General Property Description

Type of Property: Hotel and Restaurant Ttl Apx SqFt Bldg: 5098 # of Buildings: 1 Lot Size Dimensions: irregular Year Built: 1902 Zoning: Commercial Flood Zone: Yes

Remarks Misc

Cross Street: Howell & Brewery Ave Directions: Corner of Howell Ave and Brewery Ave, Historic District Old Bisbee Geo Lat: 31.442259 Geo Lon: -109.914064

Legal Info

Lot Number: ON

Income Expenses

Gross Annual Sch Inc: 1253097 Net Operating Income: 288442

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Building Type: Commercial Business Type: Mixed; Service Business; Restaurant; Bar/Tavern/Lounge; Other; See Remarks Stories: 2 Stories Construction: Curtain Wall; Wood Frame; Brick Roofing: Built-Up Floors: Concrete; Vinyl; Wood; Ceramic Tile Ceiling Height: 12.1 Feet to 14 Feet Heating: Natural Gas; See Remarks Cooling: Central Air; See Remarks Loading Facilities: None Interior: Finished; Smoke Detector(s); Security System; Security Camera(s); Private Restrooms; Public Restrooms Exterior: Corner Lot; Dual Street Ftg; Building Sign Fencing: None Amenities: Basement; Kitchen; Skylight(s) Parking Features: Parking Lot Electric: APS; Master Meter; 220 Volts Gas: SW Gas; Master Meter Water Source: Private Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash Only; Owner May Carry; 1031 Exchange Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks; None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Use Restrictions: Deed Restrictions; CC&R's Environmental: None
Listing Office: eXp Realty
Last Updated: June - 21 - 2025
1 Howell Avenue, Bisbee, AZ 85603- MLS# 6561637
Broker Attribution: 520-236-6144

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