Medical Condo For Sale • 5,606 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 160 | Office | 5,606 SF | $1,317,410 USD | |
DescriptionWe are offering a rare opportunity to purchase a well-located professional office in Midtown Phoenix with attractive owner financing terms designed to make ownership easier than ever. If your business is currently leasing space, this may allow you to lock in occupancy costs, build equity, and control your long-term overhead. Property details: • 5,606 SF professional office condo • Prime Midtown Phoenix location • Excellent access to SR-51, I-10, and light rail • Ideal for law firm, medical, CPA, therapy, consulting, or professional services • Functional layout with offices, conference rooms, reception, and support space • Reserved parking • Move-in ready condition Sale NotesAttractive Owner Financing Terms Purchase Price: $1,317,410 ($235/SF) Owner financing available with the following structure: • 20% down payment • 25-year amortization • 3% interest year 1 • 5% interest years 2–3 • 7% interest years 4–7 • 7-year balloon • No prepayment penalty (buyer may refinance anytime) This structure allows a buyer to secure space with lower initial payments and refinance later if interest rates decrease. Estimated starting monthly payment is comparable to leasing similar space in Midtown. |
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Earll Professional Plaza is a four story office condominium development located at 202 E. Earll Drive, just off Central Avenue in the MidTown Phoenix submarket. This excellent location is within walking distance to Park Central Mall, a light rail station, and many retail conveniences and amenities. Access in and out of the property is easy with a traffic light at both Central Avenue and Third Street. This property provides a business owner accustomed to leasing a simple transition to owning. The property association is set up to manage and pay for all of the typical building operating expenses except real estate taxes and in suite repairs and maintenance. Isn't it time you have your business pay rent to you instead of paying it to a landlord? There is a link in the brochure where you can take a virtual tour of Unit 160.
| Seller Financing available to qualified buyer |
| Great Central Phoenix location with many walkable amenities |
| Law Firm, Medical, CPA, Professional Services, Insurance, Consulting |
| Space is in excellent condition, move-in ready |
| +/-5,606 square feet in size |
| Lots of windowed offices with natural light |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| Osborn/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) | 1 min | 5 min | 0.3 mi |
| Thomas/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) | 1 min | 6 min | 0.4 mi |
| Encanto/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) | 3 min | 17 min | 0.9 mi |
| Indian School/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) | 3 min | 17 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Phoenix Sky Harbor International | 14 min | - | 7.6 mi |
| Phoenix-Mesa Gateway | 47 min | - | 34.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 163 |
| Type: | Surface |
| Included in Rent: | Yes |