$450,000
SOLD MAR 27, 2026

216 W Main St Payson, AZ 85541

-- Bed
-- Bath
2,600 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 27, 2026

$173 Per Sq Ft

10% Below List Price

About This Home

As of March 2026

Rare Opportunity to Own a Piece of Payson's History! Step into the charm of historic Payson with this one-of-a-kind commercial gem located on the bustling and rapidly developing Main Street corridor. With exceptional frontage, level land, and outstanding exposure just off the Beeline Highway, this C2-zoned property offers a versatile space brimming with possibilities. Built in 1948-49, the building exudes timeless appeal with vintage details that whisper stories of the past. The layout features a storefront with a full bath and an open-concept interior. Behind the building is a 4-car garage—perfect for customizing to suit a wide variety of business concepts. Whether you're envisioning a boutique, café, art gallery, wine bar, or professional office, this property provides the blan to bring your vision to life. Set on 0.17 acres, it includes five private parking spaces and a one-bedroom, one-bath apartment with a laundry room in the rearideal for live/work opportunities or additional rental income. Located in Payson's Historical Main Street District, this unique property offers intrinsic value, excellent investment potential, and unbeatable charm. Payson's growing economy and steady population growth make this a smart move for entrepreneurs, investors, and dreamers alike. Don't just dreamseize this rare opportunity to own a slice of Arizona history and shape the future of this enchanting space.

Last Agent to Sell the Property

Tori Martinez

BHHS Advantage Realty - Payson License #SA703777000 Listed on: 02/28/2026

BHHS Advantage Realty - Payson

Co-Listed By

Clifford Potts

BHHS Advantage Realty - Payson License #BR012322000

Last Buyer's Agent

Tori Martinez

BHHS Advantage Realty - Payson License #SA703777000 Listed on: 02/28/2026

BHHS Advantage Realty - Payson

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,236

Year Built

  • Built in 1967

Lot Details

  • 7,246 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C2

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Ceramic Tile Flooring
  • Alarm System

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Propane

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 304-16-026-A

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 50x145x50x145
  • Hathaway Addition Subdivision

Amenities

  • Private Restrooms

Property Details

Property Type

Other

Est. Annual Taxes

$2,236

Year Built

Built in 1967

Lot Details

7,246 Sq Ft Lot

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1967
  • Tax Year: 2024
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: praz12
  • Co List Office Phone: 928-474-2337
  • Subdivision Name: HATHAWAY ADDITION
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2600.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Wood Frame
  • Roof: Composition

Garage/Parking

  • Parking Features: Private, Paved, Parking Lot
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Security: Alarm System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Lot Info

  • Lot Size: 50x145x50x145
  • Lot Size Sq Ft: 7246.0
  • Parcel #: 304-16-026-A

Multi Family

  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Annual Amount: 2236.0
  • Tax Book Number: 304.0
  • Tax Lot: 13
  • Tax Map Number: 16.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2026
Closed on
Feb 13, 2026
Sold by
Main Street Mercantile Llc
Bought by
Ng2 Holdings Llc
Seller's Agent
Tori Martinez
BHHS Advantage Realty - Payson
Buyer's Agent
Tori Martinez
BHHS Advantage Realty - Payson
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
440.36%
Original Mortgage
$382,500
Outstanding Balance
$380,177
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$109,429
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $450,000 Great American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2026 03/27/26 Sold $450,000 -9.8% $173 / Sq Ft
02/28/2026 02/28/26 Price Changed $499,000 0.0% $192 / Sq Ft
02/28/2026 02/28/26 For Sale $499,000 0.0% $192 / Sq Ft
02/11/2026 02/11/26 Price Changed $499,000 0.0% $192 / Sq Ft
02/11/2026 02/11/26 For Sale $499,000 0.0% $192 / Sq Ft
01/31/2026 01/31/26 Price Changed $499,000 0.0% $192 / Sq Ft
12/02/2025 12/02/25 Price Changed $499,000 0.0% $192 / Sq Ft
10/24/2025 10/24/25 Pending -- -- --
10/23/2025 10/23/25 Pending -- -- --
08/14/2025 08/14/25 For Sale $499,000 -- $192 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6905778

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-16-026A

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