629 W Maple Road Commerce Twp, MI $ 4,249,000
629 W Maple Road
$ 4,249,000
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629 W Maple Road

Commerce Twp, MI, 48017
$ 4,249,000
Bedrooms-- Baths-- Sq 15,975

Monthly Estimate*

$ 26,162

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Commercial Property for sale in Commerce Twp, MI

for $4,249,000. This 15,975 square foot building was built on a lot size of 0.37.

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.

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Commercial Active

Price

$ 4,249,000

Property Type

Commercial

Taxes

$ 28,328

Style

Commercial/Industrial

Lot Size

0.37

Town/City

Commerce Twp

County/Region

Oakland

MLS | Web ID

60979269

Features
General
Heating Baseboard Hot Water
Possession At Close
Roof Asphalt
Water Public Water
Status Active Active
Year Built 19
Subdivision Assrs 3 - Clawson MI
County Oakland
Class COM/IND/BUS OPP
Type Commercial/Industrial
Municipality Clawson
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Clawson (63201)
Primary City Clawson
Directions West of Livernois on the south side of Crooks
City Commerce Twp
Financial Terms Cash Conventional
Legal Description T2N R11E SEC 33 ASSESSOR'S PLAT NO 3 PART OF LOT 15 BEG AT PT DIST N 89-49-00 W 13 FT FROM NE LOT COR TH S 00-01-00 W 182.06 FT TH N 89-49-00 W 92.84 FT TH N 00-01-00 E 182.06 FT
DOM 0
Postal Code 48017
Price Per Sq Ft Total AG 265.98
Public Remarks 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
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Exterior
Exterior Brick
Frontage 167
Lot Size Area 0.37
Lot Dimensions 340 x 167
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Mark Zawaideh

Listing Agent

Exp Z Real Estate

Broker

support@soldbymarkz.com

Email

Affordability Calculator

$28,522
Per Month
92%
8%
0%
Monthly Principal & Interest
$26,162
Monthly Property Taxes
$2,361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$4,249,000 Listed Price

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629 W Maple Road, Commerce Twp, MI, 48017 is a Commercial Property for sale at $4,249,000 with 15,975 sqft and a lot size of 0.37. The property's zip code is 48017 which is in Commerce Twp, MI