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520 W Main St 1,763 SF Retail Building Payson, AZ 85541 $425,000 ($241.07/SF)



Investment Highlights
- Extensively Renovated Historical Building
- Fresh Blacktop Asphalt
- Zoned C-3 (Commercial)
- Repainted Exterior/Interior
- Streetscape Improvements along Main Street
- High Ceilings
Executive Summary
Kocour Company is proud to present 520 W. Main Street, Payson, Arizona—a rare opportunity to own one of the community's most iconic historic commercial properties.
Originally constructed in 1882 by Henry Sidles, this landmark building was known as Bootleg Alley, later becoming the renowned Pieper Saloon. Recognized as one of the oldest surviving commercial structures in Payson, the property has played a significant role in the town's history. Over the years, it has served as a saloon, dance hall, pool hall, post office, print shop, and a variety of retail and community gathering spaces.
Positioned on approximately 0.14 acres in the heart of Downtown Payson, the property offers approximately 1,763 square feet of thoughtfully renovated space with outstanding visibility along Main Street. Recent Town of Payson streetscape improvements have revitalized the downtown corridor, increasing pedestrian activity and enhancing the area's appeal for businesses and visitors alike.
The property is zoned C-3 (Commercial), allowing for a broad range of potential uses, including retail, restaurant, office, gallery, professional services, or other mixed-use concepts. Five on-site parking spaces are located behind the building, complemented by convenient public street parking along Main Street.
Extensively renovated while preserving its historic character, the building features numerous capital improvements, including upgraded electrical service, new flooring, energy-efficient windows, fresh interior and exterior paint, a restored ceiling, and a newly blacktopped and striped parking lot. These updates provide modern functionality while maintaining the timeless charm that has made this property a treasured Payson landmark for more than 140 years.
Whether envisioned as a signature retail destination, restaurant, office, tasting room, or boutique business, 520 W. Main Street represents a unique opportunity to invest in a piece of Arizona history while benefiting from the continued revitalization of Downtown Payson.er
Originally constructed in 1882 by Henry Sidles, this landmark building was known as Bootleg Alley, later becoming the renowned Pieper Saloon. Recognized as one of the oldest surviving commercial structures in Payson, the property has played a significant role in the town's history. Over the years, it has served as a saloon, dance hall, pool hall, post office, print shop, and a variety of retail and community gathering spaces.
Positioned on approximately 0.14 acres in the heart of Downtown Payson, the property offers approximately 1,763 square feet of thoughtfully renovated space with outstanding visibility along Main Street. Recent Town of Payson streetscape improvements have revitalized the downtown corridor, increasing pedestrian activity and enhancing the area's appeal for businesses and visitors alike.
The property is zoned C-3 (Commercial), allowing for a broad range of potential uses, including retail, restaurant, office, gallery, professional services, or other mixed-use concepts. Five on-site parking spaces are located behind the building, complemented by convenient public street parking along Main Street.
Extensively renovated while preserving its historic character, the building features numerous capital improvements, including upgraded electrical service, new flooring, energy-efficient windows, fresh interior and exterior paint, a restored ceiling, and a newly blacktopped and striped parking lot. These updates provide modern functionality while maintaining the timeless charm that has made this property a treasured Payson landmark for more than 140 years.
Whether envisioned as a signature retail destination, restaurant, office, tasting room, or boutique business, 520 W. Main Street represents a unique opportunity to invest in a piece of Arizona history while benefiting from the continued revitalization of Downtown Payson.er
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,763 SF
Building Class
B
Year Built/Renovated
1882/2025
Price
$425,000
Price Per SF
$241.07
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.14 AC
Zoning
C-3
Parking
5 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
77’ on MAIN STREET
Amenities
- Corner Lot
- Fenced Lot
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 304-06-234A | Improvements Assessment | $26,854 |
| Land Assessment | $8,705 | Total Assessment | $35,559 |
Property Taxes
Parcel Number
304-06-234A
Land Assessment
$8,705
Improvements Assessment
$26,854
Total Assessment
$35,559
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520 W Main St
