7220 N 16TH Street # G Phoenix, AZ $ 685,000
7220 N 16TH Street # G
$ 685,000
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7220 N 16TH Street # G

Phoenix, AZ, 85020
$ 685,000
Bedrooms-- Baths-- Sq 2,238

Monthly Estimate*

$ 4,218

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Commercial Property for sale in Phoenix, AZ

for $685,000. This 2,238 square foot building was built in 1982 on a lot size of 0.05.

Exceptional opportunity to own a completely remodeled office condominium designed for productivity, professionalism, and growth. This turnkey property offers a modern, functional layout ideal for a wide range of businesses, including professional services, medical, consulting, insurance, real estate, or corporate offices. The recent renovations provide a fresh, contemporary environment that will impress clients and create a comfortable workspace for employees. The thoughtfully designed layout balances private workspaces with collaborative areas, making it suitable for a variety of business operations. Please click the more link to see more information. Whether you're expanding your business, relocating to a premium office setting, or seeking an investment property with strong leasing potential, this beautifully remodeled office complex is ready to meet your needs. Property Features: 7 private offices. Welcoming reception area with waiting space. Spacious conference room for meetings and presentations. Fully equipped break room/kitchenette. Updated finishes throughout. Modern lighting, flooring, and fixtures. Efficient and professional floor plan. Move-in ready condition. Ample space for owner-users or investors. Easy access to the 51, 10 minutes from the airport and downtown, great restaurants nearby, walking distance to Sprouts and UPS and other great restaurants. There are two first level parking garage parking spaces, two story parking structure with covered parking on the top deck. Plenty of parking lot parking available The building is located adjacent to the canal with immediate access to the walking / jogging path.

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Commercial Active

Price

$ 685,000

Property Type

Commercial

Taxes

$ 5,715

Style

Comm/Industry Sale

Lot Size

0.05

Year Built

1982

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7035251

Features
General
Sewer Public Sewer
Heating Forced Air Electric
Cooling Ceiling Fan(s) Central Air
Roof Rolled/Hot Mop
Zoning C-O
Construction Materials Wood Frame Stucco
Year Built 1982
Electric SRP
Township 2N
Unit Number G
Tax Year 2025
Ownership Condominium Condominium
Gross Income 59742.18
Business Type Other See Remarks
County Maricopa
Net Operating Income 15989.94
Operating Expense 12197.99
New Construction N
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name COPPER TERRACE
Status Active
Directions Continue south on 16th Street to 7220 N 16th Street on West side of street and pull into parking lot.
City Phoenix
Disclosures Other (See Remarks) Seller Prop Disc Stm
Open Parking Spaces 10.0
Lot Size Units Square Feet
Lot Size Square Feet 1971.0
Carport Y/N N
Tax Annual Amount 5715.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Commercial Office
Standard Status Active
Occupancy Type Tenant
Tax Lot 7
Cap Rate 2.33
Senior Community N
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Interior
Flooring Tile Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Fencing Other Block
Parking Features Parking Lot Parking Structure
Water Source City Franchise
Total Parking 11.0
Lot Size Area 1971.0
Number of Buildings 1
Spa N
Lot Size Acres 0.05
Road Surface Type Paved
Covered Spaces 1.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7220
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* Excluded Features
List By
Platinum Realty Network

Broker

pete@prnaz.com

Email

Affordability Calculator

$4,694
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,218
Monthly Property Taxes
$476
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
5/30/2026$685,000 Listed Price

Map


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7220 N 16TH Street # G, Phoenix, AZ, 85020 is a Commercial Property for sale at $685,000 with 2,238 sqft and a lot size of 0.05. 7220 N 16TH Street # G was built in 1982. The property's zip code is 85020 which is in Phoenix, AZ