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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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    Turnkey Middle Eastern Restaurant
    $195,000
    4,956 SF
    Turnkey Middle Eastern Restaurant

    41490 GRAND RIVER Avenue Suite A, Novi, MI 48375

    For sale in Novi, a turnkey restaurant with a fully equipped kitchen and complete dining-area buildout.
    • Middle Eastern restaurant for sale in Novi in a new construction plaza
    • Turnkey setup with a fully equipped kitchen
    • Dining area with complete buildout and necessary fixtures
    • Operating successfully for 9 years
    • Established business opportunity listing indicates consistently strong performance
    Updated: May 27
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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.

    Turnkey Restaurant with Seating
    $150,000
    2,136 SF
    Turnkey Restaurant with Seating

    Recently renovated restaurant offering guest seating, updated HVAC, and substantial on-site parking for day-to-day operations.

    26080 Grand River Avenue, Redford, MI 48240

    View details
    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
    Established Restaurant on Grand River
    $450,000
    2,044 SF
    Established Restaurant on Grand River

    Well-established restaurant for sale with high visibility location.

    27281 Grand River Ave, Redford, MI 48240

    View details

    Novi, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 26,598 square feet of properties for sale, with an estimated market value of $280,000.

    Sale prices for conventional restaurants in Novi, MI start at $85,000, averaging $140,000, and reaching up to $195,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

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

    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
    48375 $140K

    Taxes & Financing

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

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