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Multi-Office Condo Suite
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C232-25140 Lahser Rd, Southfield, MI 48033

Lease-up office condo suite with multiple individual offices, providing current occupancy and space to expand leasing.

Property Size1,010 SF
Price / SF$24.75
Days on Market122

Property Features for C232-25140 Lahser Rd

General Information

Standard status Active
Size 1,010 SF
Occupancy 67%

Additional Details

Highway Access Yes
Office Units 6

Taxes and HOA fees

Annual Taxes $2,514

Building Details

Tenancy Multi
Listing Agency: Front Page Properties
Listed By: Ebony Cochran · License #456182
Source: Exprealty
Added: Jun 7 Changed: Oct 3 Last Checked: Oct 5 at 9:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Front Page Properties

Investment Insights

Based on property information with market context.

Suite C-232 is an approximately 1,010-square-foot office condo located within the Matterhorn Office Condominium complex. The suite is currently configured as six individual rentable office spaces, with four offices occupied and two offices vacant, resulting in about 66.67% leased. The offering is suited for an investor seeking existing rental income as well as a buyer who may want the option to occupy part of the suite while continuing to lease the remaining offices.

The property is conveniently located near Lahser Rd, 10 Mile Rd, Telegraph, Northwestern Hwy, and I-696, supporting access for clients, staff, and professional service users. Monthly condo association dues are approximately $350 and cover certain building and common area expenses; buyers should verify the exact scope of coverage during due diligence.

From a tenant or owner perspective, this configuration can support a range of professional uses that benefit from separate offices within one suite. For buyers, it also presents the practical opportunity to align in-suite occupancy with their operating plan by leasing the currently vacant offices or customizing usage after acquiring the suite. Buyer to verify all lease terms, rental income, taxes, association dues, square footage, suite configuration, bylaws, and all information deemed material.

Key Highlights

  • 1,010 SF office condo suite (Suite C‑232) in the Matterhorn Office Condominium complex at 25140 Lahser Rd
  • Configured as 6 individual rentable offices: 4 occupied and 2 vacant, for approximately 66.67% leased
  • Approx. $1,250/month current rental income with upside from leasing the remaining vacant offices

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units
66.7%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

Demographics for 48033, MI

17,207
Population
9,198
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
1,891
Density / Sq Mi
$55,599
Median Household Income
$45,192
Median Earnings
$1,242
Median Rent
$195,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Lease-up office condo suite with multiple individual offices, providing current occupancy and space to expand leasing.
Where is this office units located?
The property is located at C232-25140 Lahser Rd Southfield, MI.
What are key features of this property?
This property features: 1,010 SF office condo suite (Suite C‑232) in the Matterhorn Office Condominium complex at 25140 Lahser Rd; Configured as 6 individual rentable offices: 4 occupied and 2 vacant, for approximately 66.67% leased; Approx. $1,250/month current rental income with upside from leasing the remaining vacant offices
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