One of the oldest commercial structures, in an Arizona city known for historic buildings, is on the market with an asking price of $2.2 million.
Located at 26 Main Street in Bisbee, the Letson Loft Hotel is housed in a two-story structure built in 1883. The structure, designated as a Class B building, has nine rooms and sits on a less than one-acre site on a street populated with century-old brick structures.
The building underwent significant damage in early 2024 owing to a fire that erupted in a nearby antique store. A substantial portion of the structure collapsed due to the extensive amount of water that was used by the local fire department to put out the blaze.
It took more than a year for the hotel to be rebuilt, at a cost of around $3.5 million. That rebuilding, according to various reports, was accomplished without compromising the hotel’s historic ambience.
Decades before the structure became the Letson Loft Hotel, the building housed the historic Goldwater and Castaneda Mercantile Store. That store was the scene of a grisly crime in December of 1883 seeing the murder of four people, an event since known as the Bisbee Massacre. Five assailants were subsequently found guilty of murder and hung four months later.
The property is being listed by the Phoenix-based SVN/Desert Commercial Advisors real estate agency.
September 15, 2025
By Garry Boulard
Image of Hotel advertisement
