25140 Lahser Road, Southfield, MI 48033

$20,000

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List Price
$20,000
Status
ACTIVE
Days on Market
2
MLS#
20261073357
Subtype
Commercial Sale
Year Built
1977
Lot Size
38,768
Acres
0.89
Subdivision
Southfield City

Property Description

Income-producing office condo suite with lease-up upside for sale in Southfield! Suite C-271 is located within the Matterhorn Office Condominium complex at 25140 Lahser Rd and offers approximately 787 sq ft of office space. This suite is currently configured as multiple rentable office spaces, with 2 offices occupied and 1 office vacant, making the suite approximately 66.67% leased.Current rental income is approximately $750/month, 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 part of the suite while continuing to lease the remaining office 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 $275/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.

Additional Information

Taxes
$2,002

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Listing courtesy of Listing Agent: Ebony Cochran from Listing Office: Front Page Properties.

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