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$299,999
1 Day On Site

25140 Lahser Road
Southfield City, MI 48033

For Sale|Business|Active
0
Beds
0
Total Baths
22,300
SqFt
$13
/SqFt
1977
Built
Subdivision:
MATTERHORN OFFICE CONDO OCCPN 108
County:
Oakland
Call Now: (248) 788-6318
Is this the listing for you? We can help make it yours.
(248) 788-6318
25140 Lahser Road25140 Lahser Road25140 Lahser Road25140 Lahser Road
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Monthly Payment (Est.)

$1,369
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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.

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Listing Snapshot
Price 
$299,999
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
22,300 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
8.86 Acres
Year Built 
1977
MLS® Number 
20261035471
Status 
Active
Property Tax 
$11,961.97
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
8.86
Additional Property Use 
CommercialOffice
Cross Street 
10 mile/Lahser
Foundation 
Slab
Levels 
Two
Property Sub Type 
Business
Sewer 
Public Sewer
SqFt Above 
22300
SqFt Total 
22300
Water Source 
Public
Zoning 
Commercial, Office
Interior Features
Heating 
Electric
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Exterior Features
Construction Details 
Brick
Community Features
Financing Terms Available 
CashContractConventional
MLS Area 
Area02244Southfield
Roads 
Paved
School District 
SouthfieldPublicSchools
Schools
School District
SouthfieldPublicSchools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Front Page Properties: info@ebonyismyrealtor.com



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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