25140 Lahser Road,Southfield, MI 48033
Southfield, MI 48033
Description
Income-producing multi-office condo suite with strong occupancy and additional lease-up upside for sale in Southfield! Suite C-242 is located within the Matterhorn Office Condominium complex at 25140 Lahser Rd and offers approximately 1,257 sq ft of office space. This suite is currently configured as 4 individual rentable office spaces, with 3 offices occupied and 1 office vacant, making the suite approximately 75% leased. Current rental income is approximately $750/monthly, with additional upside available by leasing the remaining vacant office. This is a great opportunity for an investor seeking existing cash flow, or a future owner-user who may want to occupy one office while continuing to lease the remaining spaces. Conveniently located near Lahser Rd, 10 Mile Rd, Telegraph, Northwestern Hwy, and I-696, this office condo offers accessibility for clients, staff, and professional service users. Monthly condo association dues are approximately $436/month and may cover certain building/common area expenses. Buyer and buyer's agent to verify all lease terms, rental income, taxes, association dues, square footage, suite configuration, bylaws, and all information deemed material. This suite may also be purchased as part of a larger 7-unit office condo portfolio. Seller will consider individual suite sales or package offers.
Details
| MLS # | 61023754 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 63 |
| Listing Provided By | Front Page Properties | Ebony Cochran |
Features
| SQ Feet | 1,257 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.89 |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Crawl |
Other
| List Aor | Real Comp |
|---|
Taxes
| Property | 2151 |
|---|
Area Information
| State | MI |
|---|---|
| County | Oakland |
| City | Southfield |
| Zip Code | 48033 |
| Area | Southfield (63244) |
| Community Name | Matterhorn Office Condo Occpn 108 |
| Listing VS Median (in Matterhorn Office Condo Occpn 108) | |
Price: $25,000 low | high Med: $20,000 sqft: 1,257 low | high Med: 786 $ / sqft: $20 low | high Med: $25 On site: 63 low | high Med: 43 | |
Market Activity 48033
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Learn More About This Property
| State | MI |
|---|---|
| County | Oakland |
| City | Southfield |
| Zip Code | 48033 |
| Area | Southfield (63244) |
| Community Name | Matterhorn Office Condo Occpn 108 |
| Listing VS Median (in Matterhorn Office Condo Occpn 108) | |
Price: $25,000 low | high Med: $20,000 sqft: 1,257 low | high Med: 786 $ / sqft: $20 low | high Med: $25 On site: 63 low | high Med: 43 | |
