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Home For Sale Michigan Southfield 4071
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Office Building For Sale By Owner

Commerical Office Building




25820 Southfield Road, Southfield , Michigan 48075 United States
Description

Professional two-story office building on a main thorough-fare in Southfield, Michigan. This office building has professional, small business operations that is 100% occupied. Recently renovated. Five bathrooms; two on the Second Floor, two on the First Floor and one on the Basement Level. In the Basement Level, there is a fully functioning kitchen where a small bakery comes in Thursday - Saturday for retail operations. The Basement Level also has vending services; snack and beverages.

The Rate of Return on a $550,000 investment is currently 9.58%. Rents are projected to be increased 10% by October, 2016. The projected Rate of Return will be 11.41%

Price: Contact For Price
Property Sub-Type: Office Building
Total Building Size: 20255 SF
Total Lot Size : 0.5 Acres
Year Built : 1968
No of Stories: 2
No of Parking Stalls: 25
Occupancy: 100 %
Listing ID: 4071

Map of: 25820 Southfield Road, Southfield , Michigan 48075 United States

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