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Investment Highlights

  • ±2,618 SF two-story office condo
  • Large second-floor conference room
  • Two restrooms, one with shower
  • Eight private offices throughout
  • Reception and waiting area
  • Covered and unreserved parking

Executive Summary

The Property offers an attractive owner-user opportunity with a move-in-ready configuration that minimizes the need for costly tenant improvements. Two covered reserved parking spaces are included, with additional employee and visitor parking available throughout the complex. Its location near SR-51 and the Arizona Canal Trail provides convenient accessibility and a desirable work environment for both employees and clients. Offered at $650,000, the Property represents a rare opportunity to acquire professional office space in one of Phoenix's most established office corrido

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit F
  • 2,651 SF
  • Office
  • $650,000 ($245.19/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 160-25-192A
Description
Offered at $650,000, this ±2,618 SF two-story office condominium presents a rare owner-user acquisition opportunity in the desirable
Piestewa Peak office submarket. The Property features a highly functional layout with eight private offices, a spacious conference room,
reception area, break room, storage space, and two restrooms, including one with a shower. Situated within an established office complex
near 16th Street and Glendale Avenue, the Property offers convenient access to SR-51, the Camelback Corridor, and Downtown Phoenix.
With covered parking, ample additional parking, and proximity to the Arizona Canal Trail, this professional office environment is ideally
suited for law firms, accounting practices, consultants, medical users, and other professional service businesses seeking to own rather than
lease.
Sale Notes
±2,618 SF two-story office condo
Eight private offices throughout
Large second-floor conference room
Reception and waiting area
Two restrooms, one with shower
Covered and unreserved parking
Unit Unit Size Condo Use Price NOI
Unit F 2,651 SF Office $650,000 ($245.19/SF) -

Unit F

Unit Size
2,651 SF
Condo Use
Office
Price
$650,000 ($245.19/SF)
NOI
-

Unit F

Unit Size 2,651 SF
Condo Use Office
Price $650,000 ($245.19/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 160-25-192A
Description
Offered at $650,000, this &#177;2,618 SF two-story office condominium presents a rare owner-user acquisition opportunity in the desirable<br> Piestewa Peak office submarket. The Property features a highly functional layout with eight private offices, a spacious conference room,<br> reception area, break room, storage space, and two restrooms, including one with a shower. Situated within an established office complex<br> near 16th Street and Glendale Avenue, the Property offers convenient access to SR-51, the Camelback Corridor, and Downtown Phoenix.<br> With covered parking, ample additional parking, and proximity to the Arizona Canal Trail, this professional office environment is ideally<br> suited for law firms, accounting practices, consultants, medical users, and other professional service businesses seeking to own rather than<br> lease.</li></ul>
Sale Notes
&#177;2,618 SF two-story office condo<br> Eight private offices throughout<br> Large second-floor conference room<br> Reception and waiting area<br> Two restrooms, one with shower<br> Covered and unreserved parking</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 23,043 SF
Property Type Office (Condo)
Building Class B
Floors 2
Typical Floor Size 1,540 SF
Year Built 1982
Lot Size 0.73 AC
Parking Ratio 5/1,000 SF
Zoning C-O - Commercial Office

Amenities

  • Conferencing Facility
  • Reception
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Exceptionally bikeable
90/100
  • Listing ID: 40992433

  • Date on Market: 6/19/2026

  • Last Updated:

  • Address: 7220 N 16th St, Phoenix, AZ 85020

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