25140 Lahser Road C252, Southfield City, MI 48033
MATTERHORN OFFICE CONDO OCCPN 108 · Oakland County
Key Facts
Description
Income-producing multi-office condo suite with lease-up upside for sale in Southfield! Suite C-252 is located within the Matterhorn Office Condominium complex at 25140 Lahser Rd and offers approximately 1,271 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 $910/month based on seller-provided rent roll, with additional upside available by leasing the remaining vacant office. This suite offers flexibility for an investor seeking existing rental income 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 provides accessibility for clients, staff, and professional service users. Monthly condo association dues are approximately $441/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.
Property Information
Property Type
Commercial Sale
Year Built
1977
Living Area
1,271 sq ft
Lot Size
0.89 acres
Lot Dimensions
110 X 80
Days on Market
45
MLS® Listing#
20261037542
Property Features
Cooling
Heating
Basement
Construction
Sewer
Water Source
Financial Details
Annual Taxes
$2,468
Assessed Value
$35,217
Parcel Number
2422351090
Directions
Located on Lahser Road in Southfield, between 10 Mile Road and I-696. From I-696, exit at Lahser Road and head south. Property is located at 25140 Lahser Rd within the Matterhorn Office Condominium complex.
Affordability Calculator
$12,000
Estimated monthly payment
$319/mo
Principal $48,000 · Est. interest $66,964 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Southfield City, MI
- $236,524
- Median Listing Price
- 59
- Median Days on Market
- 1,500
- Median Sq Ft
- $135
- Median Price / Sq Ft
- 13,298
- Active Listings
- This home’s price is 75% below the area median.
- Its price per sq ft is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Southfield City, MI.
Location
Getting Around
Points of Interest in Southfield City, MI
Showing the Southfield City area map.
Nearby Schools
Brace Lederle K 8 World Languages Elementary School
Elementary · 0.3 mi away
Laurus Academy
School · 0.3 mi away
Southfield High School
Secondary · 0.3 mi away
Crescent Academy
School · 0.3 mi away
University High School Academy
School · 0.3 mi away
Southfield Public Schools
Secondary · 0.4 mi away
Joyful Noise Early Learning Center
School · 0.9 mi away
Beecher Etiquette School of Mi
School · 1.0 mi away
Word Faith Christian Center CH
School · 1.2 mi away
Kidz World Woficc
School · 1.2 mi away
Victory Learning Center
School · 1.2 mi away
Adlai Stevenson Elementary School
Elementary · 1.3 mi away
Champions at Adlai E. Stevenson Elementary
Elementary · 1.3 mi away
Bradford Academy
School · 1.3 mi away
Southfield Public Schools
Elementary · 1.4 mi away
Champions at Eisenhower-Levey
Elementary · 1.4 mi away
Morris Adler Elementary School
Elementary · 1.4 mi away
Leonard Elementary School
Elementary · 1.5 mi away
Early Impressions
School · 1.6 mi away
Taylor International Academy
School · 1.6 mi away
Commute Calculator
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|---|---|---|---|---|
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| 5430 E 9 MILE Road, Warren City, MI | $42,000 | — | — | — |
| 2950 Puritan Street, Detroit City, MI | $42,000 | — | — | 1,029 |
| 414 Prindle Street, Owosso City, MI | $42,500 | 2 | 1 | 924 |
| 4088 Western Drive, Croswell City, MI | $42,500 | 2 | 1 | 980 |
Moving Cost Estimate
EXIT Agents in Southfield City
Listing Courtesy: Front Page Properties - 3138779020
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