$550,000
Payson, AZ 85541
MLS# 93971
1767 sqft

1 / 23
Property Description
Step into a living piece of history at 520 West Main Street--an iconic commercial property in the heart of Payson's Main Street district. Originally built in 1882 as a saloon at the entrance to town, this remarkable building--widely recognized as the oldest commercial structure in Payson--has played many roles over the years, from dance hall and pool hall to post office and print shop. Its storied past includes ties to the legendary ''Bootleg Alley'' era, adding a rare and authentic character you simply can't recreate. Restored by its current owner, the property seamlessly blends historic charm with modern functionality. Thoughtful renovations preserve its original integrity while incorporating key updates, including upgraded electrical systems, refreshed bathroom fixtures, new windows, fresh paint, and new flooring throughout. Zoned C-3, this property offers exceptional flexibility for a wide range of uses, including retail, restaurant, office, or mixed-use residential/commercial configurations. The versatile interior layout makes it ideal for a boutique shop, art gallery, studio, café, or even a unique live-work space. Positioned in a high-visibility location with steady foot traffic, it provides easy access to both locals and visitors exploring Rim Country. This is more than just a commercial property--it's a rare opportunity to own a timeless piece of Payson's history while bringing your own vision to life. Whether you're an investor, entrepreneur, or creative visionary, 520 West Main Street offers unmatched character, location, and potential.
Details
Maps
Status Change Info
Sold Price/SqFt: 0
Status: Active
Contract Information
List Price/SqFt: 311.26
Foreclosure: No
Sale/Lease: Sale
Property Sub-Type: Real Estate Only
List Price: $550,000
Current Price: $550,000
List Date: 2026-05-05
List Type: Exclusive ARS
Location, Tax & Legal
Lot #: 14
Zoning: C3
Taxes: 1559.32
Tax Year: 2025
Assessor's Book #: 304
Assessor's Map #: 06
Assessor's Parcel #: 234
Assessor's Parcl Ltr: A
APN #: 304-06-234A
HOA: No
Legal Description: Section: 09 Township: 10N Range: 10E Comm Se Cor Block 14 , Payson Townsite , Plat 64; Th S89d31'e , 133.98' To Pob; Th N0d02'e , 79.80'; Th S89d38'e , 77.0'; Th S0d02'w , 79.96'; Th N89d31'w , 77.0' To Pobne1/4 Nw1/4 Sec 9 T10n R10e = 0.14 Ac
Street #: 520
Direction: W
Street Name: Main
Suffix: Street
State: AZ
Zip Code: 85541
Area: Payson Southwest
Sub Code: Payson Townsite
County: Gila
Location
Downtown: 1
General Property Description
Acres: 0.14
Lot Dimensions: 77.0 x 79.96 x 77.0 x 79.8
# Parking Spaces: 6
Apx SqFt: 1767
Land Size: 6098
Building Size: 1767
# of Tenants: 1 - 4
Vacancy %: 0
Year Built: 1882
Remarks & Misc
Directions: South on Beeline Hwy to Main Street, West on Main Street, Property on Right.
Public Remarks: Step into a living piece of history at 520 West Main Street--an iconic commercial property in the heart of Payson's Main Street district. Originally built in 1882 as a saloon at the entrance to town, this remarkable building--widely recognized as the oldest commercial structure in Payson--has played many roles over the years, from dance hall and pool hall to post office and print shop. Its storied past includes ties to the legendary ''Bootleg Alley'' era, adding a rare and authentic character you simply can't recreate.
Restored by its current owner, the property seamlessly blends historic charm with modern functionality. Thoughtful renovations preserve its original integrity while incorporating key updates, including upgraded electrical systems, refreshed bathroom fixtures, new windows, fresh paint, and new flooring throughout.
Zoned C-3, this property offers exceptional flexibility for a wide range of uses, including retail, restaurant, office, or mixed-use residential/commercial configurations. The versatile interior layout makes it ideal for a boutique shop, art gallery, studio, café, or even a unique live-work space. Positioned in a high-visibility location with steady foot traffic, it provides easy access to both locals and visitors exploring Rim Country.
This is more than just a commercial property--it's a rare opportunity to own a timeless piece of Payson's history while bringing your own vision to life. Whether you're an investor, entrepreneur, or creative visionary, 520 West Main Street offers unmatched character, location, and potential.
Currently Not Used
Total Rooms: 1
To Show
Showing Service Name: Broker Bay
Income/Sales Info
Net Operating Income: 0 - 5,999
Cap Rate: 1 - 4.9%
Down Payment: 0 - 5,999
Gross Sales: 0
Improvements: 0 - 2,999
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
Cash to Assume: 0
Ttl Pmt after Assmpt: 0
Construction
Wood Frame: 1
Interior Features
Security System: 1
Floor Covering
Concrete: 1
Property Features
Wood Fence: 1
Lot/Street Improvem.
Curbs: 1
Sidewalks: 1
Alley: 1
Paved Parking: 1
Type/Style
Single Level: 1
Garage/Carport
None: 1
Siding
Wood: 1
Roof
Metal: 1
Utilities Available
Electricity: 1
Town of Payson Water: 1
Sewer Hooked In: 1
Telephone: 1
Trash: 1
Heating
Forced Air: 1
Possession
At Close of Escrow: 1
Owner May Sell/Terms
Cash: 1
Conventional: 1
OWC/OMC: 1
Floor Type
Slab: 1
Cooling
Central: 1
Heat Pump: 1
Documents on File
SPDS: 1
Exist. Finance Fees
N/A - Other: 1
Management
Owner/Family: 1
Sale Price Includes
Building: 1
Avg Room Rent/Night
0 - 40: 1
Occupancy
Owner Occupied: 1
Property Features
Location: Downtown
Construction: Wood Frame
Siding: Wood
Roof: Metal
Property Features: Wood Fence
Interior Features: Security System
Floor Type: Slab
Floor Covering: Concrete
Cooling: Central; Heat Pump
Heating: Forced Air
Utilities Available: Electricity; Town of Payson Water; Sewer Hooked In; Telephone; Trash
Possession: At Close of Escrow
Documents on File: SPDS
Management: Owner/Family
Sale Price Includes: Building
Occupancy: Owner Occupied
IDX
Listing Office: Berkshire Hathaway HomeServices Advantage Realty - PAYSON
Last Updated: May - 21 - 2026
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.
