Property summary
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.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Southfield market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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