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7 SUITES INSIDE 25140 Lahser Rd 26,000 SF 76% Leased Office Building Southfield, MI 48033 $299,999 ($11.54/SF)



Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
26,000 SF
Building Class
B
Year Built
1976
Price
$299,999
Price Per SF
$11.54
Percent Leased
76%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,000 SF
Slab To Slab
9’
Building FAR
0.67
Lot Size
0.89 AC
Zoning
OS
Parking
57 Spaces (2.2 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $296,990 | |
| Land Assessment | $291,800 | Total Assessment | $588,790 |
Property Taxes
Parcel Numbers
Land Assessment
$291,800
Improvements Assessment
$296,990
Total Assessment
$588,790
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7 SUITES INSIDE | 25140 Lahser Rd
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