$34,000
25140 E Lahser Road C123
Details
APN 2422351099
Property Type Office, Retail
Sub Type Executive Office
Square Footage 672
NOI $6,575
Year Built 1977
Acreage 0.890
Office | 672 SqFt
Marketing description
Affordable income-producing office condo for sale in Southfield! Suite C-123 is located within the Matterhorn Office Condominium complex at 25140 Lahser Rd and offers approximately 672 sq ft of office space. This commercial condo is currently tenant-occupied and generating $900/month in rental income, making it a great option for an investor seeking immediate cash flow or a future owner-user looking to secure office space in an established Southfield business corridor.
Conveniently located near Lahser Rd, 10 Mile Rd, Telegraph, Northwestern Hwy, and I-696, this office condo offers accessibility for clients, staff, and professional service users. Condo association dues are approximately $250/month and may cover certain building/common area expenses. Buyer and buyer’s agent to verify all lease terms, rental income, taxes, association dues, square footage, bylaws, permitted uses, 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.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$6,575.00
$547.92/mo
Valuation Metrics
0
DSCR
19.34%
Cap Rate
19.34%
ROI
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Zoning
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