Novi, MI Commercial Real Estate for Sale

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Wixom, MI South Lyon, MI Northville, MI Walled Lake, MI Commerce Twp, MI Farmington Hills, MI Milford, MI Farmington, MI

71 properties

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Updated: Feb 20

Novi Land For Sale

9 Mile Road, Novi, MI 48375

$2,200,000

2.33 AC lot

Ideal for fast food, service, retail, or office uses.
Located at the northwest corner of 9 Mile and Haggerty Road.
Surrounded by dense residential neighborhoods.
Walking distance to a high‑volume Lifetime Fitness facility.
Easy access to I‑275, I‑96, M‑5, and I‑696.

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Updated: Jun 3, 2024

Novi Land For Sale

45800 GRAND RIVER Avenue, Novi, MI 48374

$1,200,000

2.00 AC lot

Prime location in Novi's 'City West' zoning district.
New zoning allows for 8‑story mixed‑use development.
180' of frontage on Grand River**, adjacent to Suburban Showplace.
2‑acre parcel zoned City West North.
Class‑C liquor license available for purchase.

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Town Center Commercial Land

Novi Rd lot: 12,13, Novi, MI 48375

$514,500

0.23 AC lot

TC-zoned commercial site across from Novi Town Center with build-to-suit potential and nearby retail activity.

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Multi-Tenant Retail Shopping Center

24025-24095 Meadowbrook Road, Novi, MI 48375

$5,250,000

24,949 sqft 2.70 AC lot

Multi-tenant retail building on a 2.7-acre site with 172 surface parking spaces in a dense retail corridor.

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Turnkey Middle Eastern Restaurant

41490 GRAND RIVER Avenue Unit SourceFi, Novi, MI 48375

$174,900

4,956 sqft

For sale Middle Eastern restaurant with a fully equipped kitchen and dining area in a new construction plaza.

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Headquarters Manufacturing Facility

42925 W 9 Mile Rd, Novi, MI 48375

$3,850,000

30,030 sqft 8.16 AC lot

Industrial shop includes skylights, a 10-ton bridge crane, and one overhead door with freeway access.

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Direct Entry Office Building

23975 Novi Road, Novi, MI 48375

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6,140 sqft

New office buildings offering direct-entry suites suitable for general office or medical use.

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Medical and Office Suites

23895 Novi Rd, Novi, MI 48375

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14,127 sqft

Two-building office offering with frontage and signage on Novi Road near a signalized intersection.

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Turnkey Middle Eastern Restaurant

41490 GRAND RIVER Avenue Suite A, Novi, MI 48375

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4,956 sqft

For sale in Novi, a turnkey restaurant with a fully equipped kitchen and complete dining-area buildout.

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Medical Office Suite with Parking

39525 W. 14 Mile Road, Novi, MI 48377

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2,330 sqft

Former dental suite offers 2,330 SF for medical or professional tenants with ample on-site parking.

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Office Flex Showroom Suite

39525 W 13 Mile Rd, Novi, MI 48377

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8,000 sqft

Class A office flex suite with building signage and convenient access to major expressways.

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Two-Building Office & Medical Suites

23875 & 23895 Novi Rd, Novi, MI 48375

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2,200 sqft

High-visibility Novi Road frontage with available signage supports strong exposure for medical, office, or service tenants.

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Fully Equipped Korean Restaurant

39743 Grand River Avenue, Novi, MI 48375

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2,600 sqft

Fully equipped Korean restaurant for sale with an on-premise liquor license included in Oakland County.

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Single-Story Office Building

23875 Novi Rd, Novi, MI 48375

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6,000 sqft

Office building offered for sale with stated 7.42% cap rate and approximately 6,000 square feet of space.

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Turn-Key Coffee Shop Retail Space

25875 Novi Road, Novi, MI 48375

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2,231 sqft

Remodeled storefront with equipment included and existing lease through 12/2028 near major retail and freeway access.

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Office Building Investment Property

23895 Novi Road, Novi, MI 48375

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8,127 sqft

Well-sized office building offered for sale with stated cap rate and total building area.

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Former Bank Branch with Drive-Thru

23890 Novi Rd, Novi, MI 48375

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2,976 sqft 1.06 AC lot

Former bank branch with a three-lane drive-thru, bright lobby, and efficient teller counter layout on a 1.06-acre corner lot.

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Warehouse with Twenty-Four-Foot Clear Height

27629 Haggerty Rd, Novi, MI 48377

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37,725 sqft

Large ground-floor warehouse with truckwell and grade level loading, with options to expand vertically.

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Warehouse with Twenty-Four-Foot Clear Ceiling

27629 Haggerty Rd, Novi, MI 48377

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37,725 sqft

Ground-floor warehouse with high-clearance space, grade-level loading, and freeway access via the 12 Mile/M-5 interchange.

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Single-Story Office Building

24245 Karim Blvd, Novi, MI 48375

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8,440 sqft

Single-story office building featuring leased space for a plastic surgery center and ample on-site parking.

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High-Visibility Development Site

26821 Meadowbrook Road, Novi, MI 48377

$1,599,000

14.50 AC lot

High-visibility vacant land development site zoned OST with access to I-96 and quick connectivity to M-5.

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Build-to-Suit Retail Office Land

42295 W 13 Mile Rd, Novi, MI 48377

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9,000 sqft 1.78 AC lot

Build-to-suit site offers proposed plans for a 9,000 SF retail/office development on 1.78 acres.

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Multi-Tenant Retail Entertainment Venue

25750 Novi Rd, Novi, MI 48375

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26,150 sqft

Multi-tenant retail center with a fully built-out bar/nightclub/entertainment venue and an outdoor patio on the second level.

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Turn-Key Coffee Shop

25875 Novi Road Unit SourceFi, Novi, MI 48375

$49,000

2,231 sqft

Remodeled coffee and tea shop with included equipment and a lease extending through December 2028.

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Novi, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Novi, MI, showcased through 71 active listings on our real estate platform. These investment opportunities span a total of 1,384,081 square feet of properties for sale, with an estimated market value of $16,926,405.

Sale prices for business properties in Novi, MI start at $37,500, averaging $1,302,031, and reaching up to $5,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 62K

Population Growth (5Y) +11.9%

Median Household Income $124,389

College Educated 67.9%

High-Yield Neighborhoods for Investment

Identify Novi submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48377	$520.4K
48375	$1.2M
48374	$1.2M

Taxes & Financing

Tax Rate (average for all types) 4.06%

Property Tax per SF $88.65 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Novi fall within the 100,000+ square foot range.

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