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$765,000

  • For Sale
  • Active
  • Commercial
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Prime Ahwatukee medical/office 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. 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. Open shared parking throughout complex. 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.

Full Property Details for 16515 S 40th St #131

General

  • Price: $765,000
  • Taxes: $5,373 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6992676
  • Updated: 4/27/2026
  • Added to Site: 85 day(s) ago

Business

  • Business Type: Professional/Office, Medical, Dental

Rental Information

  • Complex Features: Accessible Entrance, Reception Room, Kitchen, Showers - Office

Interior

  • Appliances: Refrigerator
  • Flooring: Ceramic Tile

Additional Information

  • Security/Safety: Fire Sprinklers

Parking

  • Parking Features: Off Street, Parking Lot, Paved, Private

Location

  • County: Maricopa
  • Township: 1S
  • Subdivision: FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM
  • Cross Streets: 40th Street and Frye

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump, 2 or More Units, Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial, Office
  • Exterior Const.: Wood Frame
  • Roof: Tile
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,178
  • Frontage: Asphalt
  • Zoning: CO

Financial Considerations

  • Tax Amount: $5,373
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 116 FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM MCR 065602
  • Property ID: 301-85-235
  • Range: 4E
  • Section: 31
  • Lot Number: 116

Listed by Real Broker

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— 16515 S 40th St #131 —

  • Real Broker

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 16515 S 40th St #131

School Districts:Kyrene Elementary District, Tempe Union High School District
NameGradesDistance
Kyrene del Milenio
4630 East Frye Road, Phoenix, AZ 85048
PK-50.8 mi
Kyrene Akimel A-al Middle School
2720 East Liberty Lane, Phoenix, AZ 85048
6-81.6 mi
Desert Vista High School
16440 South 32nd Street, Phoenix, AZ 85048
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16515 S 40th St #131 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Price Reduced
$765,000
-38.8%
MLS
3/03/2026
Listed
$1,250,000
175.79%
MLS
8/04/2004
Sold
$453,240
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16515 S 40th St #131

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,942
—
$101,138
4%
2024
$4,957
-1%
$97,472
10%
2023
$5,006
1%
$88,688
22%
2022
$4,933
—
$72,539
9%
2022
$4,933
-5%
$66,618
3%
2021
$5,204
2%
$64,458
7%
2020
$5,083
3%
$60,030
10%
2019
$4,932
3%
$54,504
15%
2018
$4,780
4%
$47,358
7%
2017
$4,579
-1%
$44,334
3%
2016
$4,617
8%
$42,858
14%
2015
$4,260
2%
$37,519
15%
2014
$4,189
-4%
$32,604
-6%
2013
$4,372
—
$34,515
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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16515 S 40th Street #131, Phoenix, AZ 85048 (MLS# 6992676) is a Commercial property. 16515 S 40th Street #131 is currently listed for $765,000 and was received on March 03, 2026. Want to learn more about 16515 S 40th Street #131? Do you have questions about finding other Commercial real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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