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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
  • Unit G
  • 2,238 SF
  • Office
  • $952,335 CAD ($425.53 CAD/SF)
  • $22,189.40 CAD
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.
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 $952,335 CAD ($425.53 CAD/SF) $22,189.40 CAD

Unit G

Unit Size
2,238 SF
Condo Use
Office
Price
$952,335 CAD ($425.53 CAD/SF)
NOI
$22,189.40 CAD

Unit G

Unit Size 2,238 SF
Condo Use Office
Price $952,335 CAD ($425.53 CAD/SF)
NOI $22,189.40 CAD
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&#39;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
Property Type
Office (Condo)
  • Flex Showroom
  • OfficeLoft Creative Space
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
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Exceptionally bikeable
90/100
  • Listing ID: 40737079

  • Date on Market: 2026-06-01

  • Last Updated:

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

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