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33676934
33676943

25140 Lahser Road C242, Southfield, MI 48033

EC
MI 6501456182
$60,000
37 days on market
Updated 12 days ago

25140 Lahser Road C242

Details
APN 2422351089
Property Type Land
Sub Type Commercial
Square Footage 1,257
NOI $6,168
Year Built 1977
Acreage 0.890

Land | 0.89 acres

Marketing description

Income-producing multi-office condo suite with strong occupancy and additional lease-up upside for sale in Southfield! Suite C-242 is located within the Matterhorn Office Condominium complex at 25140 Lahser Rd and offers approximately 1,257 sq ft of office space. This suite is currently configured as 5 individual rentable office spaces, with 4 offices occupied and 1 office vacant, making the suite approximately 80% leased. Current rental income is approximately $1,130/month, with additional upside available by leasing the remaining vacant office. This is a great opportunity for an investor seeking existing cash flow, or a future owner-user who may want to occupy one office while continuing to lease the remaining spaces. 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. Monthly condo association dues are approximately $436/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, 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.
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EC
MI 6501456182

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$6,168.00
$514.00/mo

Valuation Metrics

0
DSCR
10.28%
Cap Rate
10.28%
ROI

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Zoning

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Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
EBONY COCHRAN
License
6501456182
Brokerage
FPR International Inc
Brokerage Phone
(313) 877-9020
Title
Real Estate Broker
Brokerage Address
3000 Town Center
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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