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$650,000 Just Listed
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Property Description
Versatile Commercial Property with Mixed-Use Potential in the Heart of Payson A unique opportunity to own a beautifully improved commercial property with mixed-use potential in a prime Payson location! Currently home to the well-known Duza's Kitchen, this property offers far more than a restaurant--it's a flexible space ready for its next chapter. The building has been extensively renovated and thoughtfully maintained and updated. The inviting interior is complemented by outdoor patio and garden areas, adding valuable usable space and plenty of character. The property's zoning provides exciting possibilities for a variety of commercial, residential, or live/work uses, subject to Town of Payson approval. Continue operating it as a restaurant, transform the space into a boutique, more... professional office, studio, specialty retail concept, or explore the potential to combine your business and living space in one convenient location. Located along Payson's historic Main Street, the property offers great visibility, accessibility, and the charm of an established area with both local and visitor traffic. Own the building, bring your vision, and create something completely your own. Whether you're an investor, entrepreneur, or someone looking for a unique live/work opportunity, this property offers flexibility that's hard to find in Payson.
Full Property Details
Full Property Details for 703 W Main St
General
- Price: $650,000
- Taxes: $2,010 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7070707
- Updated: 8/24/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Restaurant
Rental Information
- Complex Features: Patio/Deck
Interior
- Flooring: Tile, Wood
Parking
- Parking Features: Parking Lot
Location
- County: Gila
- Township: 10N
- Subdivision: PAYSON TOWNSITE
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Water: Private
Structural Information
- # Buildings: 2
- Structure Type: Commercial
- Exterior Const.: Wood Frame
- Roof: Metal
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,618
- Zoning: C1
Financial Considerations
- Tax Amount: $2,010
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOTS 21 & 22 BLOCK 15 PAYSON TOWNSITE
- Property ID: 304-06-204-A
- Range: 10E
- Lot Number: 21
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Schools
Schools serving 703 W Main St
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 0.3 mi |
Payson Center for Success - Online 902 West Main Street, Payson, AZ 85541 | 7-12 | 0.3 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 703 W Main St
Date
Details
Price
Change
Source
8/24/2026
Listed
$650,000
225%
MLS
10/16/2019
Sold
$200,000
—
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 703 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,023
1%
$34,777
110%
2024
$2,010
—
$16,533
-46%
2023
$2,005
—
$30,613
10%
2022
$2,000
4%
$27,811
33%
2021
$1,932
4%
$20,898
—
2020
$1,856
—
$20,898
100%
2020
$1,856
9%
-100%
2018
$1,695
7%
$17,861
10%
2017
$1,580
2%
$16,189
29%
2016
$1,553
-4%
$12,589
5%
2015
$1,610
1%
$12,031
-7%
2013
$1,590
—
$12,897
-1%
2013
$1,590
—
$13,030
—
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 703 W Main St
703 W Main Street, Payson, AZ 85541 (MLS# 7070707) is a Commercial property. 703 W Main Street is currently listed for $650,000 and was received on August 24, 2026. Want to learn more about 703 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.

