16515 S 40TH Street # 131 Phoenix, AZ $ 1,250,000
16515 S 40TH Street # 131
$ 1,250,000
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16515 S 40TH Street # 131

Phoenix, AZ, 85048
$ 1,250,000
Bedrooms-- Baths-- Sq 2,035

Monthly Estimate*

$ 7,696

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Commercial Property for sale in Phoenix, AZ

for $1,250,000. This 2,035 square foot building was built in 2005 on a lot size of 0.05.

Prime medical office space designed to support a wide range of healthcare or professional services. Ideal for medical, dental, therapy, or other patient-focused practices, this professional suite offers a layout tailored for clinical operations and patient comfort. The bright, welcoming interior features a spacious reception and waiting area, multiple private treatment or exam rooms, a lab, and a dedicated staff break room to support daily workflow. Ample natural light enhances the patient experience while creating a comfortable environment for both staff and visitors. Convenient highway access provides excellent connectivity for patients and employees alike. Whether establishing a new practice, relocating, or expanding an existing clinic, this well-located commercial condo offers the functionality, accessibility, and professional setting needed for a thriving medical practice.

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 5,373

Style

Comm/Industry Sale

Lot Size

0.05

Year Built

2005

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6992676

Features
General
Sewer Public Sewer
Heating Heat Pump 2 or More Units Electric
Cooling Heat Pump
Roof Tile
Zoning CO
Security Features Fire Sprinklers
Construction Materials Wood Frame
Year Built 2005
Electric SRP
Township 1S
Unit Number 131
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 0.0
Business Type Professional/Office Medical Dental
County Maricopa
Net Operating Income 0.0
New Construction N
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM
Building Features Accessible Entrance Reception Room Kitchen Showers - Office
Status Active
Directions Go S on 40th St just past E Frye Rd the property is on the left side of the road
City Phoenix
Disclosures None
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 2175.0
Carport Y/N N
Tax Annual Amount 5373.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Commercial Office
Standard Status Active
Occupancy Type Owner
Tax Lot 113
Senior Community N
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Fencing None
Parking Features Off Street Parking Lot Paved Private
Water Source City Franchise
Total Parking 2.0
Lot Size Area 2175.0
Number of Buildings 1
Spa N
Lot Size Acres 0.05
Road Surface Type Asphalt
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16515
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* Excluded Features
List By
Real Broker

Broker

james@jamesmartin.homes

Email

Affordability Calculator

$8,144
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$448
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$1,250,000 Listed Price

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16515 S 40TH Street # 131, Phoenix, AZ, 85048 is a Commercial Property for sale at $1,250,000 with 2,035 sqft and a lot size of 0.05. 16515 S 40TH Street # 131 was built in 2005. The property's zip code is 85048 which is in Phoenix, AZ