15601 N 40TH Street 130, Phoenix, AZ 85032 (MLS# 6972794)

15601 N 40TH Street 130, Phoenix, AZ 85032

$1,400,000

Property Type: Comm/Industry Sale Square Footage: 3,430 Lot Size (sq. ft.): 3,430 Status: Active

Current Price: $1,400,000 List Date: 1/22/2026 Last Modified: 3/27/2026

Overview

Description

The subject property consists of a 3,430 square foot office condominium located along 40th Street just north of Greenway Road. Situated within the North Paradise Valley office submarket, the property presents an excellent opportunity for medical or general office users. The space was recently renovated and features modern, up to date finishes, with a flexible floor plan expandable to approximately 8 to 10 private offices. The office includes two restrooms and two dedicated storage spaces. It is currently owner occupied and is anticipated to be delivered vacant at close of escrow.

Listing Details MLS# 6972794

Location, Tax & Legal

House Number: 15601
Compass: N
Street Name: 40TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 4009
County Code: Maricopa
Subdivision: GREENWAY OFFICE CENTER CONDOMINIUM
Assessor Number: 215-26-040
Tax Year: 2025
Unit #: 130
Assessor's Map #: 26
Legal Description (Abbrev): LOT 130 GREENWAY OFFICE CENTER CONDOMINIUM MCR
Assessor's Parcel #: 40
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103215
Taxes: 8949
Legal: LOT 130 GREENWAY OFFICE CENTER CONDOMINIUM MCR

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 3430
# of Buildings: Yes
Year Built: 2007
Zoning: R1-14
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: E Greenway Rd & 40th St
Directions: Head N on AZ-51 N. Take exit on Greenway Rd and continue straight. Turn left onto N 40th St. Destination will be on the right.

Legal Info

Township: 3N
Range: 4E
Section: 6
Lot Number: 130

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Email: Yes
Phone Call: Yes

More Information

Currently Not Used

Sold Price Per SqFt: 408.16

Construction

Block: Yes
Tilt-Up: Yes
Wood Frame: Yes

Roofing

Built-Up: Yes
Rolled: Yes

Floors

Tile: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes
Office: Yes

Business Type

Professional/Office: Yes

Pmt & Rate Info

Equity: 1400000
Total Owed: 0

Lockbox Type

None: Yes

Ceiling Height

8 Feet or Less: Yes

Heating

See Remarks: Yes

Cooling

Other: Yes

Interior Features

Finished: Yes

Loading Facilities

None: Yes

Source of Fincl Data

Owner: Yes

Fencing

None: Yes

Water Source

City Franchise: Yes

Freeway/Highway

Up to 1 Mile: Yes

Sewer

Sewer - Public: Yes

Parking Features

Private: Yes
See Remarks: Yes

Electric

None: Yes

Gas

None: Yes

New Financing

Other (See Remarks): Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Office Business Type: Professional/Office Construction: Block; Tilt-Up; Wood Frame Roofing: Built-Up; Rolled Floors: Tile Ceiling Height: 8 Feet or Less Heating: See Remarks Cooling: Other Loading Facilities: None Interior Features: Finished Fencing: None Parking Features: Private; See Remarks Electric: None Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear Environmental: None

Listing Office: R.O.I. Properties

Last Updated: March - 27 - 2026