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$550,000 Just Listed
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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.
Full Property Details
Full Property Details for 520 W Main St
General
- Price: $550,000
- Taxes: $1,559 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7031348
- Updated: 5/21/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Professional/Office, Mixed, Office
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Security System, Smoke Detector(s), Fire Sprinklers
Parking
- Parking Features: Off Street, Paved, Free
Location
- County: Gila
- Subdivision: Payson Townsite
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Forced Air
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Structure Type: Commercial, Office
- Exterior Const.: Wood Frame
- Roof: Metal
- Year Built: 1882
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Zoning: C-3
Financial Considerations
- Tax Amount: $1,559.32
- Tax Year: 2025
Disclosures and Reports
- Property ID: 304-06-234-A
- Lot Number: 14
Listed by BHHS Advantage Realty - Payson
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Schools
Schools serving 520 W Main St
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 0.4 mi |
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541 | 7-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 520 W Main St
Date
Details
Price
Change
Source
5/21/2026
Listed
$550,000
176.38%
MLS
6/03/2022
Sold
$199,000
—
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 520 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,559
1%
$35,559
179%
2024
$1,549
—
$12,744
-21%
2023
$1,546
—
$16,105
14%
2022
$1,542
4%
$14,174
-2%
2021
$1,489
4%
$14,477
—
2020
$1,431
—
$14,477
100%
2020
$1,431
9%
-100%
2018
$1,307
7%
$12,289
7%
2017
$1,218
-3%
$11,471
18%
2016
$1,253
1%
$9,704
—
2015
$1,238
-6%
$9,704
-2%
2013
$1,317
—
$9,919
-1%
2013
$1,317
—
$10,048
—
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 520 W Main St
520 W Main Street, Payson, AZ 85541 (MLS# 7031348) is a Commercial property. 520 W Main Street is currently listed for $550,000 and was received on May 21, 2026. Want to learn more about 520 W Main Street? Do you have questions about finding other Commercial real estate for sale in Payson? You can browse all Payson real estate or contact a Coldwell Banker agent to request more information.

