1620 N 48TH Street, Phoenix, AZ 85008

$4,900,000

Property Type: Comm/Industry Sale Square Footage: 6,233 Lot Size (sq. ft.): 20,485 Status: Closed

Current Price: $4,900,000 List Date: 3/16/2025 Last Modified: 12/20/2025

Description

Prime Healthcare Facility - Turnkey medical facility offers a well-designed and fully fixturized space, ideal for hospice care, substance abuse treatment, or other healthcare services. Key Features: 8 residential en suites designed for comfort and privacy. Dedicated nurses' station & tech station. Conference room & group room. Full kitchen - Well-equipped for staff and patient meal preparation. Modern & well-appointed, prime location, centrally positioned in Phoenix for convenience and accessibility. This versatile healthcare property presents a unique opportunity for medical providers seeking a ready-to-operate facility in an excellent location.

More Information MLS# 6836353

Contract Info

Ownership: Fee Simple Current Price: $4,900,000 Sold Price: $4,900,000 Status: Closed List Date: 2025-03-16

Location, Tax & Legal

Assessor's Map #: 10 Legal Description (Abbrev): PT SE4 SE4 SEC 31 DAF COMM AT SE COR SD SEC TH N 170.02F TH W 33F TO POB TH CONT W 120.01F TH N 81.9 Assessor's Parcel #: 125 Assessor Parcel Ltr: D Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 111300 Taxes: 20960 Legal: Metes and Bounds Marketing Name: medical building House Number: 1620 Compass: N Street Name: 48TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 Zip4: 7720 County Code: Maricopa Assessor Number: 126-10-125-D Tax Year: 2024

General Property Description

Type of Property: hospital Ttl Apx SqFt Bldg: 6233 # of Buildings: 1 Uncvrd Parking Spcs: 15 Year Built: 2002 Zoning: C-C

Currently Not Used

Sold Price Per SqFt: 786.14

Legal Info

Range: 4E Section: 31 Township: 2N Lot Number: --

Construction

Block: 1

Roofing

Built-Up: 1

Floors

Vinyl: 1

Income & Expenses

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

Building Type

Commercial: 1 Office: 1 Other (See Remarks): 1

Business Type

Dental: 1 Medical: 1

Stories

1 Story: 1

Pmt & Rate Info

Equity: 4000000 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Electric: 1

Cooling

Central Air: 1

Interior Features

Finished: 1 Fire Sprinklers: 1 Smoke Detector(s): 1 Security System: 1 Security Light(s): 1 Security Camera(s): 1 Alarm System: 1 Phone System: 1 Private Restrooms: 1

Loading Facilities

None: 1

Road Surface Type

Asphalt: 1

Exterior

Sprinkler System-Ground: 1 Landscaping: 1 Curb(s) & Gutter(s): 1 Building Sign: 1 Sidewalk(s): 1 Monument Sign: 1 Security Camera(s): 1

Source of Fincl Data

Other (See Remarks): 1

Traffic Count

5,001 to 15,000: 1

Fencing

Other: 1

Water Source

City Franchise: 1

Freeway/Highway

Up to 1 Mile: 1

Building Features

Accessible Entrance: 1 Conference Room: 1 Reception Room: 1 Kitchen: 1 Showers - Office: 1

Sewer

Sewer - Public: 1

Railroad

Other (See Remarks): 1

Parking Features

Free: 1 Paved: 1

Electric

SRP: 1

Gas

SW Gas: 1

New Financing

Cash Only: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 6026970730

Sold Info

Loan Type: Other Loan Years: 15 Payment Type: Other Clsing Cost Split: Buyer - B Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: McDowell & 48th St Directions: 202 to McDowell exit, north to McDowell, east to 48th St, north to property on west side of the street. Geo Lat: 33.466344 Geo Lon: -111.978742

Status Change Info

Off Market Date: 2025-12-20 Under Contract Date: 2025-10-22 Close of Escrow Date: 2025-12-19 Sold Price: $4,900,000

Property Features

Building Type: Commercial; Office; Other (See Remarks) Business Type: Dental; Medical Stories: 1 Story Construction: Block Roofing: Built-Up Floors: Vinyl Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Phone System; Private Restrooms Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign; Security Camera(s) Fencing: Other Building Features: Accessible Entrance; Conference Room; Reception Room; Kitchen; Showers - Office Parking Features: Free; Paved Electric: SRP Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public Railroad: Other (See Remarks) New Financing: Cash Only Showing Notification Methods: Text; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Road Surface Type: Asphalt Traffic Count: 5,001 to 15,000 Environmental: None

Listing Office: RE/MAX Professionals

Last Updated: December - 20 - 2025