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25140 Lahser-multiple Suites Road 123, 203, 212, 232, 242, 252, Southfield city, Michigan

$275,000

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22,300

Square feet

8.86

Acres

About 25140 Lahser-multiple Suites Road 123, 203, 212, 232, 242, 252

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.

Features of 25140 Lahser-multiple Suites Road 123, 203, 212, 232, 242, 252

MLS® # 20261035637
Price $275,000
Bathrooms 0.00
Square Footage 22,300
Acres 8.86
Year Built 1977
Type Commercial
Status Active

Community Information

Address 25140 Lahser-multiple Suites Road 123, 203, 212, 232, 242, 252
Area 02244 - Southfield
Subdivision MATTERHORN OFFICE CONDO OCCPN 108
City Southfield city
County Oakland
State Michigan
Zip Code 48033

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Electric, Packaged Heat/Cool
Fireplace No

Exterior

Construction Brick
Foundation Slab

School Information

District Southfield Public Schools

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFront Page Properties
Contact Infoinfo@ebonyismyrealtor.com

Listing Map

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