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24293 Telegraph Rd Southfield, MI 48034

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For Sale
$2,500,000

43,000 SF Creative Office Building for Sale

Property size:
43,000 SF

Property Features for 24293 Telegraph Rd

General Information

Property type
Office space
Square Feet
43,000 SF

Building Details

Year Built/Renovated
1970/2000

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Listing Contact
Dan Verderbar
Dan Verderbar

Listing Agent: Dan Verderbar

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional creative office building, located at 24293 Telegraph Road in Southfield, Michigan, presents a compelling investment opportunity. The 43,000 square foot property, built in 1970 and extensively renovated in 2000, is currently 70% occupied, offering immediate income potential. The building features a multi-tenant configuration with flexible suite sizes ranging from 2,777 to 10,322 square feet, catering to a variety of business needs. Leases are structured on a gross basis, with a current rate of $11.50 per square foot, plus electricity. On-site management and ownership ensure efficient operations and responsive tenant service. The property boasts ample parking, contributing to tenant convenience and satisfaction. Recent upgrades include newer common area restrooms, reflecting a commitment to maintaining a clean and secure environment. The asking price for this well-maintained and strategically located office building is $2,500,000. This presents a rare opportunity to acquire a substantial, income-producing asset in the thriving Southfield market. The building's location in Oakland County, Michigan, provides easy access to major transportation routes and a robust business community.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Alexandria Home Solutions Hardware & Home Improvement The National Appellate Clinic ... Law Firm Personic Images Production Facility The Company You Keep ... Trucking Company DIRECTV & AT&T - Authorized ... Telecommunications Service

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Southfield
County
Oakland
State
Michigan
Longitude
-83.2880591
Latitude
42.4966195

FAQs

What type of property is this?
Office space - 43,000 SF Creative Office Building for Sale
Where is this office space located?
The property is located at 24293 Telegraph Rd Southfield, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 2,777 SF to 10,322 SF of flexible office space available.; On-site management and ownership.; Clean and secure office environment.
More about this property
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