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    Novi, MI Conventional Restaurants for Sale

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    Wixom, MI South Lyon, MI Northville, MI
    Turn Key Deli Opportunity
    $85,000
    21,642 SF

    Turn Key Deli Opportunity

    39915 Grand River Avenue, Novi, MI 48375

    Deli on Grand River Avenue with high visibility and traffic.

    • Turn‑key deli in a high‑traffic location on Grand River Avenue in Novi.
    • Seating for 84 guests plus outdoor seating, suitable for dine‑in, carryout, and catering.
    • Features a walk‑in cooler, commercial refrigeration, and an efficient kitchen layout.
    • Newer AC unit (2 years old).
    • Prime location near Novi Road, Meadowbrook Road, and I‑96, surrounded by residential areas, retail centers, and businesses.
    Updated: Jan 28
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    Established Middle Eastern Restaurant Opportunity
    $199,900

    Established Middle Eastern Restaurant Opportunity

    Novi, MI 48375

    Thriving Middle Eastern restaurant for sale in Novi, Michigan.

    • Established Middle Eastern restaurant with a 10‑year operating history.
    • Located in a high‑traffic area within Novi's new construction plaza, offering excellent visibility and accessibility.
    • Turnkey operation with a fully equipped kitchen and stylish dining area.
    • Proven track record of success and strong financial performance.
    • Loyal customer base and a reputation for authentic cuisine.
    Updated: May 24, 2024
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bakery Ready for New Owner
    $425,000
    2,718 SF

    Bakery Ready for New Owner

    Prime location with high visibility and equipped kitchen.

    844 N WAYNE Road, Westland, MI 48185
    View details
    Turnkey Eatery in Wayne County
    $599,999
    1,610 SF

    Turnkey Eatery in Wayne County

    Profitable, established Beyond Juicery + Eatery franchise in Wayne County.

    9999 middlebelt, Westland, MI 48185
    View details
    Renovated Restaurant Building For Sale
    $3,500,000
    8,108 SF

    Renovated Restaurant Building For Sale

    Freestanding, two-story restaurant with outdoor patio and elevator.

    31519 W 12 Mile Rd, Farmington Hills, MI 48334
    View details
    Retail
    $975,000
    3,292 SF

    Retail

    Conventional restaurants · 3,292 SF

    30685 W 12 Mile Rd, Farmington Hills, MI 48334
    View details

    Novi, MI Conventional Restaurants Investment Opportunities Market Analysis

    Explore 2 conventional restaurants for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 21,642 square feet of properties for sale, with an estimated market value of $85,000.

    Sale prices for conventional restaurants in Novi, MI start at $85,000, averaging $85,000, and reaching up to $85,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Novi.

    Top Commercial Asset Segments

    Conventional restaurants 4
    Drive through restaurants 3
    Turn key restaurants 2
    Bars & Pubs 1
    Coffee shops 1

    Demographics Overview

    Population 62K
    Population Growth (5Y) +11.9%
    Median Household Income $124,389
    College Educated 67.9%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    48375 $142.5K

    Taxes & Financing

    Tax Rate (average for all types) 4.06%
    Property Tax per SF $88.65 per sq ft
    Average Loan-to-Value 65.0%

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