25140 Lahser-Multiple Suites Road, Southfield, MI 48033
25140 Lahser-Multiple Suites Road, Southfield, MI 48033
25140 Lahser-Multiple Suites Road, Southfield, MI 48033
25140 Lahser-Multiple Suites Road, Southfield, MI 48033
25140 Lahser-Multiple Suites Road, Southfield, MI 48033
25140 Lahser-Multiple Suites Road, Southfield, MI 48033
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Ben Fitch

Ben Fitch

+1(734) 436-1355
$ 275,000
Est. payment | /mo

22,300 SqFt

Save
$ 275,000
Est. payment | /mo
Save

22,300 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 22,300 sqft

Price per Sqft $12

Municipality Southfield City

Subdivision Southfield City

MLS Listing ID 20261035637

Year Built 1977

Annual Tax Amount $11,961

Lot Size 8.860 Acres

Acres 8.86

Lot Dimensions 110x80

Source Realcomp

Property Description

Income-Producing Office Condo Portfolio For Sale! Rare opportunity to acquire a multi-suite commercial office condo package located at 25140 Lahser Rd in Southfield. This offering includes 7 office condo suites totaling approximately 6,001 sq ft within the Matterhorn Office Condominium complex. Suites included are C-123, C-203, C-212, C-232, C-242, C-252, and C-271. The 7 office condo units are currently configured as 22 individual rentable office suites, with 17 suites occupied and 5 suites vacant, making the portfolio approximately 77% leased. The building has a total of 20 units.The portfolio is currently rented and generating rental income, making this an attractive opportunity for an investor seeking immediate cash flow, or an owner/investor looking to hold, lease, or potentially resell individual suites in the future. Condo association dues cover certain building/common area expenses, which include common area utilities, trash pickup, portions of repairs, and building-related insurance items. Buyer and buyer's agent to verify all association coverage, lease details, rental income, taxes, square footage, bylaws, allowable uses, and all information deemed material. These items will only be sent with a signed NDA.Convenient Southfield location near Lahser Rd, 10 Mile, Telegraph, Northwestern Hwy, and I-696. Great opportunity to own a rented office condo package in a well-established commercial corridor.Seller may consider land contract terms with a minimum $200,000 down payment. Remaining balance of $99,999 to be paid over 24 months at 5% annual interest. Final terms subject to seller approval.

Location

State MI

County Oakland

Zoning Commercial,Office

Direction Lahser Road, south of I-696 and north of 10 Mile Road. Property is located on the east/west side of Lahser at 25140 Lahser Rd, Southfield, MI 48033.

Exterior

View Y/N No

Building

Foundation Slab

Water Public

Structure Type Brick

Others

Tax ID 2422351086

Listed by Front Page Properties

Schools and Properties Nearby

Ben Fitch

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(734) 436-1355

benfitch.realtor@gmail.com

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25140 Lahser-Multiple Suites Road