25140 Lahser Road, Southfield, MI 48033 6304
- $25,000
- 1,010
- SqFt
- List Price
- $25,000
- Status
- ACTIVE
- MLS#
- 61023752
- Days on Market
- 19
- Acres
- 8.86
- Living Area
- 1,010
- Municipality
- Southfield
- Region
- Southfield
- Township
- Southfield
- Subdivision
- Matterhorn Office Condo Occpn 108
Property Description
Income-producing multi-office condo suite with lease-up upside for sale in Southfield! Suite C-232 is located within the Matterhorn Office Condominium complex at 25140 Lahser Rd and offers approximately 1,010 sq ft of office space. This suite is currently configured as 6 individual rentable office spaces, with 4 offices occupied and 2 offices vacant, making the suite approximately 66.67% leased. Current rental income is approximately $1,250/month, with additional upside available by leasing the remaining vacant offices. This is a strong opportunity for an investor seeking existing rental income plus room to increase cash flow, or a future owner-user who may want to occupy part of the suite while continuing to lease the remaining offices. 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 $350/month and cover certain building/common area expenses. Buyer 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.
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Additional Information
- Lot Dimensions
- 110 x 80
- Foundation
- Crawl
- Water
- Public
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Listing Courtesy of Front Page Properties, Office Phone: 313-877-9020
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.