629 W Maple Road, Commerce Twp, MI
629 W Maple Road, Commerce Twp, MI
629 W Maple Road, Commerce Twp, MI
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Leslie Baker

Leslie Baker

+1(616) 218-0650
$4,249,000
Est. payment /mo
15,975 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 15,975 sqft

Price per Sqft $265

Municipality Clawson

Subdivision Clawson

MLS Listing ID 20261019861

Year Built 1958

Annual Tax Amount $28,328

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 340 x 167

Source Realcomp

Property Description

Turnkey investment opportunity in the heart of Clawson! Z on Maple Apartments is a well-maintained 25-unit multifamily asset featuring 24 spacious 2-bedroom units and 1 oversized 3-bedroom unit, with unit sizes ranging from approximately 925–1,200 square feet. The property is currently operating at ~92% occupancy and offers immediate upside through rental increases to market rates.Recent capital improvements include new roofs (within the last 2 years), updated electrical panels, parking lot reseal, and approximately 90% of units renovated over the past decade, minimizing near-term capital expenditures.Tenants enjoy updated interiors with vinyl flooring, granite countertops, modern cabinetry, and on-site laundry, along with ample parking and strong in-place demand. The property benefits from a highly desirable location along Maple Road with convenient access to Troy, Royal Oak, and Birmingham, placing it in one of Metro Detroit's strongest rental corridors.With projected NOI growth and below-market rents compared to surrounding properties, this asset presents a compelling value-add opportunity with strong cash flow and long-term appreciation potential. Sale Includes 8 Townhomes located at 649 W. Maple, adjacent to subject property.

Location

State MI

County Oakland

Zoning Commercial

Direction West of Livernois on the south side of Crooks

Rooms

Basement Basement

Interior

Heating Baseboard, Hot Water

Exterior

View Y/N No

Building

Foundation Block

Water Public

Structure Type Brick

Schools

School District Clawson

Others

Tax ID 2033201064

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Listed by EXP Z Real Estate

Nearby Locations

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Leslie Baker

Leslie Baker

+1(616) 218-0650

Agent | License ID: 6506046760

Agent License ID: 6506046760

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