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$ 30,000
Est. payment | /mo
707 SqFt
$ 30,000
Est. payment | /mo
707 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 707 sqft
Price per Sqft $42
Subdivision Mi
MLS Listing ID 60995470
Annual Tax Amount $1,922
Lot Size 0.890 Acres
Acres 0.89
Lot Dimensions 110x80
Property Sub-Type Commercial/Industrial
Property Description
Income-producing office condo with lease-up upside for sale in Southfield! Suite C-203 is located within the Matterhorn Office Condominium complex at 25140 Lahser Rd and offers approximately 707 sq ft of office space. The suite is currently configured as multiple individual office spaces, with existing tenants in place and one vacant office available for additional rental upside. This is a great opportunity for an investor seeking immediate rental income with room to increase cash flow, or a future owner-user who wants affordable professional office space in an established Southfield business corridor. Conveniently located near Lahser Rd, 10 Mile Rd, Telegraph, Northwestern Hwy, and I-696, the property offers easy access for clients, staff, and professional service providers. Monthly condo association dues are approximately $246/month and may cover certain building/common area expenses. Buyer 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.
Location
State MI
County Oakland
Area Southfield (63244)
Zoning Commercial
Building
Foundation Crawl
Water Public Water
Structure Type Brick
Others
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Front Page Properties
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Shannon Bagdonas
Team Lead / Broker Partner