629 W Maple Road Clawson, MI $ 4,249,000
629 W Maple Road
$ 4,249,000
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629 W Maple Road

Clawson, MI, 48017
$ 4,249,000
Bedrooms-- Baths-- Sq 25,000

Monthly Estimate*

$ 26,162

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Commercial Property for sale in Clawson, MI

for $4,249,000. This 25,000 square foot building was built in 1958 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

RealEstateOnly

Lot Size

0.37

Year Built

1958

Town/City

Clawson

County/Region

Oakland

MLS | Web ID

20261019861

Features
General
Sewer PublicSewer
Heating Baseboard HotWater
Cooling WallWindowUnits
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Construction Materials Brick
Year Built 1958
Levels Two
Property Subtype RealEstateOnly
Current Use MultiFamily
Business Type Apartments
County Oakland
Net Operating Income 272652.0
Operating Expense 166709.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ASSRS 3 - CLAWSON
Garage Y/N N
Status Active
Directions West of Livernois on the south side of Crooks
City ClawsonCity_Oakland
Senior Community Y/N N
High School District Clawson
Zoning Description Commercial
Number Of Units Total 25
MLS Area Area02201Clawson
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 23
Land Lease Y/N N
Tax Annual Amount 28328.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 421350
Expected Active Date 2026-03-27
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 TH S 89-49-00
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Exterior
Parking Features ParkingLot
Water Source Public
Foundation Details Basement Block Poured
Spa N
Building Area Total 15975.0
Lot Dimensions 340 x 167
Lot Size Acres 0.37
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 25000.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 629
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* Excluded Features
List By
Mark Zawaideh

Listing Agent

Exp Z Real Estate

Broker

(248) 937-1337

Phone

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
848968 Elementary School
848283 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, Clawson, MI, 48017 is a Commercial Property for sale at $4,249,000 with 25,000 sqft and a lot size of 0.37. 629 W Maple Road was built in 1958. The property's zip code is 48017 which is in Clawson, MI