$1,250,000
16515 S 40TH Street 131
Phoenix, AZ 85048
MLS# 6992676



34
  1 / 48  
34 39- 38- 43- Floorplan 02 03 04 05 06 07 Lab 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 01 35 36 37- 40- 41- 42- 44- 45- 46- 47-

Property Description
Prime Ahwatukee medical/office space designed to support a wide range of healthcare or professional services. Currently used as a chiropractic office, it is also Ideal for medical, dental, therapy, or as a general professional office. This professional suite offers a layout tailored for clinical operations and patient comfort. The bright, welcoming interior features a spacious reception and waiting area, multiple private treatment or exam rooms, a lab, and a dedicated staff break room to support daily workflow. Ample natural light enhances the patient experience while creating a comfortable environment for both staff and visitors. Convenient highway 202 / I-10 access provides excellent connectivity for patients and employees alike. Plumbing is available to each treatment/exam room.

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,250,000
List Price: $1,250,000
Status: Active
List Date: 2026-03-03
Location, Tax & Legal
Unit #: 131
Assessor's Map #: 85
Legal Description (Abbrev): FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM MCR 656-02 UNIT 113 (PLEASE NOTE; FOR LEGAL DESCRIPTION R
Assessor's Parcel #: 235
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 116712
Taxes: 5373
Legal: FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM UNITS 115 AND 116 AMD MCR 1298-22 UNIT 116
House Number: 16515
Compass: S
Street Name: 40TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85048
Zip4: 0559
County Code: Maricopa
Subdivision: FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM
Assessor Number: 301-85-235
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 2035
# of Buildings: 1
Uncvrd Parking Spcs: 0
Stories: 1
# of Interior Levels: 1
Year Built: 2005
Zoning: CO
Currently Not Used
Sold Price Per SqFt: 614.25
Legal Info
Range: 4E
Section: 31
Township: 1S
Lot Number: 113
Construction
Wood Frame: 1
Roofing
Tile: 1
Floors
Ceramic Tile: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 11079.72
Operating Exp: 16452.72
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Dental: 1
Medical: 1
Professional/Office: 1
Pmt & Rate Info
Equity: 1250000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
Combo: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Heat Pump: 1
Electric: 1
2 or More Units: 1
Cooling
Heat Pump: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Private Restrooms: 1
Loading Facilities
None: 1
Appliances Included
Refrigerator: 1
Road Access Type
City Street: 1
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Building Features
Accessible Entrance: 1
Reception Room: 1
Kitchen: 1
Showers - Office: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Private: 1
Paved: 1
Off Street: 1
Electric
SRP: 1
Gas
None: 1
New Financing
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Remarks Misc
Cross Street: 40th Street and Frye
Directions: Go S on 40th St just past E Frye Rd, the property is on the left side of the road
Geo Lat: 33.297604
Geo Lon: -111.996475
Property Features
Building Type: Commercial; Office
Business Type: Dental; Medical; Professional/Office
Construction: Wood Frame
Roofing: Tile
Floors: Ceramic Tile
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump; 2 or More Units
Cooling: Heat Pump
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Private Restrooms
Fencing: None
Building Features: Accessible Entrance; Reception Room; Kitchen; Showers - Office
Appliances Included: Refrigerator
Parking Features: Parking Lot; Private; Paved; Off Street
Road Access Type: City Street; Dedicated Street
Road Responsibility: City Maintained Road
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: 1031 Exchange
Showing Notification Methods: Text; Phone Call
Lockbox Type: Combo
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: Asphalt
Environmental: None
Supplements
Whether establishing a new practice, relocating, or expanding an existing clinic, this well-located commercial condo offers the functionality, accessibility, and professional setting needed for a thriving medical practice.

IDX
Listing Office: Real Broker

Last Updated: April - 13 - 2026

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.