25140 Lahser Rd - Office FOR SALE


Southfield, MI 48033
$275,000 USD
313-435-8550
25140 Lahser Rd, Southfield, MI for Sale
$275,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

25140 Lahser Rd
Southfield, MI 48033


OVERVIEW

*****THE ENTIRE BUILDING IS NOT FOR SALE****** 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 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 may include common area utilities, portions of repairs, and building-related insurance items. 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.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$11 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

7 SUITES INSIDE OF BUILDING FOR SALE

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

OS

APN/PARCEL ID

24-22-351-076,24-22-351-077,24-22-351-078,24-22-351-079,24-22-351-081,24-22-351-082,24-22-351-083,24-22-351-084,24-22-351-085,24-22-351-086,24-22-351-087,24-22-351-088,24-22-351-089,24-22-351-090,24-22-351-091,24-22-351-092,24-22-351-093,24-22-351-094,24-22-351-099,24-22-351-100

ASK ABOUT THIS PROPERTY

Ebony CochranThe Debt Survivor LLCMore Info
313-435-8550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ebony CochranThe Debt Survivor LLCMore Info
313-435-8550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.