7220 N 16TH Street G, Phoenix, AZ 85020

New Listing

$685,000

Hallway on second level showing office doors

Example of an office. This is on second level.

Driveway into complex. Parking structure on left.

Property Type: Comm/Industry Sale Square Footage: 2,238 Lot Size (sq. ft.): 1,971 Status: Active

Current Price: $685,000 List Date: 5/30/2026 Last Modified: 5/30/2026

Overview

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.

Supplements: 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 presenta ... (Read more)

Listing Details MLS# 7035251

Location, Tax & Legal

House Number: 7220
Compass: N
Street Name: 16TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 5253
Country: US
County Code: Maricopa
Subdivision: COPPER TERRACE
Assessor Number: 160-25-193-A
Tax Year: 2025
Unit #: G
Assessor's Map #: 25
Legal Description (Abbrev): LOT 7 COPPER TERRACE MCR 024540
Assessor's Parcel #: 193
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 106300
Taxes: 5715
Legal: LOT 7 COPPER TERRACE MCR 024540
Marketing Name: Copper Terrace

Contract Info

Ownership: Condominium

General Property Description

Type of Property: Office Condos
Ttl Apx SqFt Bldg: 2238
# of Buildings: Yes
Stories: 2
# of Interior Levels: 2
Year Built: 1982
Uncvrd Parking Spcs: 10
Zoning: C-O

Remarks Misc

Cross Street: 16th Street and Orangewood
Directions: Continue south on 16th Street to 7220 N 16th Street on West side of street and pull into parking lot.

Legal Info

Township: 2N
Range: 3E
Section: 4
Lot Number: 7

Income Expenses

Gross Annual Sch Inc: 59742.18
Net Operating Income: 15989.94

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Currently Not Used

Sold Price Per SqFt: 306.08

Construction

Stucco: Yes
Wood Frame: Yes

Roofing

Rolled: Yes

Floors

Tile: Yes
Carpet: Yes

Income & Expenses

Owner Association: Yes
Annual Ownr Asoc Fee: 6482.99
Operating Exp: 12197.99
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 59742.18

Building Type

Commercial: Yes
Office: Yes

Business Type

Other: Yes
See Remarks: Yes

Pmt & Rate Info

Cap Rate: 2.33
Equity: 685000
Total Owed: 0

Lockbox Type

Supra: Yes

Ceiling Height

8.1 Feet to 10 Feet: Yes

Heating

Forced Air: Yes
Electric: Yes

Cooling

Central Air: Yes
Ceiling Fan(s): Yes

Interior Features

Finished: Yes

Loading Facilities

None: Yes

Appliances Included

Microwave: Yes
Refrigerator: Yes

Road Access Type

City Street: Yes

Road Surface Type

Paved: Yes

Exterior

Landscaping: Yes
Curb(s) & Gutter(s): Yes
Building Sign: Yes

Source of Fincl Data

Owner: Yes

Fencing

Block: Yes
Other: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Parking Structure: Yes
Parking Lot: Yes

Electric

SRP: Yes

Gas

None: Yes

New Financing

Cash Only: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Use Restrictions

CC&R's: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
Other (See Remarks): Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Commercial; Office Business Type: Other; See Remarks Construction: Stucco; Wood Frame Roofing: Rolled Floors: Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet Heating: Forced Air Cooling: Central Air; Ceiling Fan(s) Loading Facilities: None Interior Features: Finished Exterior: Landscaping; Curb(s) & Gutter(s); Building Sign Fencing: Block; Other Appliances Included: Microwave; Refrigerator Parking Features: Parking Structure; Parking Lot Road Access Type: City Street Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Paved Use Restrictions: CC&R's Environmental: None

Listing Office: Platinum Realty Network

Last Updated: May - 30 - 2026