20-26 Main Street Hospitality
  • Asking Price
    $2.1MAsking Price
  • Price/SF
    $262.50Price/SF
  • Total Rooms
    9Total Rooms
  • Built
    1883Built
  • Acres
    ~0.09 acAcres
  • Year Renovated
    2025Year Renovated

Description

Letson Loft Hotel is a mixed-use boutique hotel and retail property for sale at 20-26 Main Street in Bisbee, AZ. Its 8,000 SF building brings lodging and ground-floor commercial space together in the heart of Historic Old Bisbee. The Property pairs nine guest rooms with approximately 2,000 square feet of income-producing ground-floor retail space. An extensive restoration and rebuild completed in 2025 gives a buyer a recently renewed asset within a historic property. The Main Street setting puts the retail space in the path of guests exploring downtown, while the hotel offers an intimate scale for an operator focused on the guest experience. Together, the lodging and retail components give an investor distinct ways to manage and position the Property. Guests are steps from Old Bisbee’s restaurants, galleries, independent shops and historic architecture. The Queen Mine Tour and Bisbee Mining & Historical Museum connect a stay to the town’s mining heritage, while nearby galleries and boutiques support a visit centered on arts and shopping. Bisbee is approximately 90 miles southeast of Tucson. For a hotel buyer, this location makes the surrounding streets part of the guest experience rather than a destination reached after leaving the property. Offered at $2,100,000, Letson Loft Hotel suits an investor seeking a boutique hospitality property with a separate retail component, or an owner-operator who wants a more direct role in the business. The hotel has a history of profitable absentee ownership, giving buyers an established operating model to weigh against their own approach. The completed restoration and Main Street address are central to that decision: both shape how the Property presents to guests and retail occupants.

Offering Summary

  • Asking Price
    $2,100,000
  • Price PSF
    $262.50
  • Price/Unit
    $233,333
  • Property Type
    Hospitality
  • Size
    8,000 SF
  • Built
    1883
  • Total Acres
    ~0.09 ac

Documents

Property Address

20-26 Main Street
Bisbee, AZ 85603

Property Details

  • Property Type
    Hospitality
  • Total Rooms
    9
  • Year Built
    1883
  • Year Renovated
    2025
  • Acres
    0.09

Deal Team

Andrew Post profile image

Andrew Post

Managing Broker
BPG Hotel Brokerage
IL RE Lic. 471021750