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 925ââ?¬â??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.
Well-established convenience store with over 20 years of successful operation, offering liquor, beer, wine, and lotto, along with additional multi-unit rental income. Located in a high-traffic area, this business presents a strong income opportunity with a net of $79,600. Weekly sales of $15,000 - $16,000. This unique offering includes 1209 W Oakley, a 1 bedroom apartment attached to the store, generating a monthly income of $800. The property features ample parking and is positioned in a rare residential setting, making it highly convenient for local customers. Situated directly across from South Commerce Lake, the property offers beautiful lake views and added appeal for both business and residential use. Profit and loss statements are available upon request. If you are looking to own your own property while operating a successful, income-producing business, 1215 W Oakley offers the perfect opportunity to do both.
Courtesy: Century 21 Curran & Oberski
Jiryes Jarrous
313-942-9007
Well-established convenience store with over 20 years of successful operation, offering liquor, beer, wine, and lotto, along with additional multi-unit rental income. Located in a high-traffic area, this business presents a strong income opportunity with a net of $79,600. Weekly sales of $15,000 - $16,000. This unique offering includes 1209 W Oakley, a 1 bedroom apartment attached to the store, generating a monthly income of $800. The property features ample parking and is positioned in a rare residential setting, making it highly convenient for local customers. Situated directly across from South Commerce Lake, the property offers beautiful lake views and added appeal for both business and residential use. Profit and loss statements are available upon request. If you are looking to own your own property while operating a successful, income-producing business, 1215 W Oakley offers the perfect opportunity to do both.
This is a rare chance to take over a highly visible and well-maintained commercial property in the heart of Union Lake. Formerly operating as a successful liquor store, this 2,860 square foot space offers phenomenal traffic flow and strong area presence. The building is in excellent condition with minimal changes needed - ready for your next business venture to move in and thrive. The property is currently vacant and presents endless potential for a variety of retail or service-based uses. Business financials from the prior operation are available upon submission of a Letter of Intent. All showings must be scheduled in advance and accompanied by proof of funds or a commitment letter. Don't miss out on this turnkey opportunity in one of the area's most active corridors.
Commerce Twp is located in Michigan. Commerce Twp, Michigan has a population of 11,476.
The median household income in Commerce Twp, Michigan is $117,753. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Commerce Twp is 42.6 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 32.5 inches per year, with 41.1 inches of snow per year.
