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Remodeled Medical Office Building
For Lease
$19.50 SF/Yr

404 W Main St, Payson, AZ 85541

C-3-zoned, two-level property with upgraded finishes, monument signage, and multiple office suites.

Space Size700 SF - 2,300 SF
Days on Market42

Property Features for 404 W Main St

General Information

Standard status Active
Size 700 SF - 2,300 SF
Net Rentable 700 SF
Zoning C-3

Space & Availability

Available Space 700-2,300 SF
Space Use Medical Office

Lease Terms

Lease Rate $19.50 /USD/SF/YR
Monthly Rent $1,137-$3,737
Rent per SF/Year $19.50

Amenities

monument sign

Building Details

Year Built 1982
Tenancy Multi
Listing Agency: Realty Executives Arizona Terr
Listed By: Steve Williams · License #SA528871000
Source: Ryhometeam
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 30 at 8:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Arizona Terr

Investment Insights

Based on property information with market context.

This 5,575-square-foot medical office building contains four suites distributed across two floors: 2,300 and 1,500 square feet upstairs, plus 1,100 and 700 square feet downstairs. The interior and exterior have been freshly painted, with newer LED fixtures throughout and upgraded gray laminate hardwood flooring on the lower level. A premium slate gray metal roof was installed in May 2026.

Constructed in 1982, the property is zoned C-3 and includes a monument sign at the front. The upstairs configuration previously accommodated medical suites, while the existing multi-suite layout provides distinct spaces within the building. The property is located at 404 W Main St in Payson, Arizona, within the Historical Main Street district.

Key Highlights

  • 5,575‑square‑foot medical office building with four suites across two levels
  • Suite sizes include 2,300 SF, 1,500 SF, 1,100 SF, and 700 SF
  • Premium slate gray metal roof installed in May 2026

Property Analytics

Current Use

Painted Sky Engineering ... Civil Engineer Heartcare Specialists Center Medical Clinic Turner Gail B ... Physician

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85541, AZ

22,974
Population
15,908
Households
1.4
Avg Household Size
58
Median Age
24%
College-Educated
93%
High-School Grad
808.5 sq mi
ZIP Area
28
Density / Sq Mi
$63,857
Median Household Income
$36,590
Median Earnings
$1,290
Median Rent
$317,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Main Animal Hospital, LLC 411 W Main St, Payson, AZ 85541
  • Pine Country Animal Clinic 401 W Main St A, Payson, AZ 85541

Frequently Asked Questions

What type of property is this?
Medical Office Space - C-3-zoned, two-level property with upgraded finishes, monument signage, and multiple office suites.
Where is this medical office space located?
The property is located at 404 W Main St Payson, AZ.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: 5,575‑square‑foot medical office building with four suites across two levels; Suite sizes include 2,300 SF, 1,500 SF, 1,100 SF, and 700 SF; Premium slate gray metal roof installed in May 2026
More about this property
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