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7220 N 16th St - Copper Terrace Office Condo 2,238 SF Office Condo Unit Offered at $685,000 in Phoenix, AZ 85020
Investment Highlights
- The building is located adjacent to the canal with immediate access to the walking / jogging path.
- Plenty of parking lot parking available
Executive Summary
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 10 |
| Cap Rate | 2.33% | APN/Parcel ID | 160-25-193A |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.33% |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 160-25-193A |
Description
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.
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.
Sale Notes
Offices are rented to tenants on a month to month basis. This is a great opportunity for an Investor who needs an office or for an owner user to put their entire office staff at one location.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit G | 2,238 SF | Office | $685,000 ($306.08/SF) | $15,960.50 |
Unit G
| Unit Size |
| 2,238 SF |
| Condo Use |
| Office |
| Price |
| $685,000 ($306.08/SF) |
| NOI |
| $15,960.50 |
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Map
Unit G
| Unit Size | 2,238 SF |
| Condo Use | Office |
| Price | $685,000 ($306.08/SF) |
| NOI | $15,960.50 |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.33% |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 160-25-193A |
| Description | |
| 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.<br> <br> 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.<br> <br> Property Features:<br> 7 private offices.<br> Welcoming reception area with waiting space.<br> Spacious conference room for meetings and presentations.<br> Fully equipped break room/kitchenette.<br> Updated finishes throughout.<br> Modern lighting, flooring, and fixtures.<br> Efficient and professional floor plan.<br> Move-in ready condition.<br> Ample space for owner-users or investors.</li></ul> | |
| Sale Notes | |
| Offices are rented to tenants on a month to month basis. This is a great opportunity for an Investor who needs an office or for an owner user to put their entire office staff at one location.</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 | Typical Floor Size | 1,540 SF |
| Property Type | Year Built | 1982 | |
| Building Class | C | Lot Size | 0.73 AC |
| Floors | 2 | Parking Ratio | 5/1,000 SF |
| Zoning | C-O - Commercial Office | ||
| Total Building Size | 23,043 SF |
| Property Type | |
| Building Class | C |
| 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
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Exceptionally bikeable
90/100
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Peter Baldwin
7220 N 16th St - Copper Terrace Office Condo
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