You must be logged in to save properties to your favorites! Please log in.
Please Log In |
Office Space For Sale By Owner
Southfield Professional 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 Space |
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: | 4069 |
Map of: 25820 Southfield Road, Southfield, Michigan 48075 United States