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    Novi, MI
    Drug Store

    Novi, MI Drug Stores 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
    Former CVS Pharmacy Retail Anchor
    Updated: Jun 25, 2025
    Former CVS Pharmacy Retail Anchor

    42191 W 14 Mile Rd, Novi, MI 48377

    $2,099,000
    10,878 sqft
    Former CVS Pharmacy space anchors the Novi Summit Shopping Center
    Located at the hard corner of Novi Rd & 14 Mile Rd
    Adjacent retail tenants include Little Caesars, Flagstar Bank, and Starbucks
    Adjacent medical tenants include JMG Dentistry, Michigan Eye, Miracle Ear, Advanced Wound Care, and Excel Physical Therapy
    Across the street from Maple Manor Rehab Center of Novi
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Established Walgreens Location for Sale
    Established Walgreens Location for Sale

    29200 Six Mile Rd, Livonia, MI 48152

    $1,986,500
    13,905 sqft 1.79 AC lot

    Long-term Walgreens with low rent in a dense retail area.

    View details
    Former Walgreens Retail Building
    Former Walgreens Retail Building

    140 S. Milford Road, Milford, MI 48381

    Contact for pricing
    14,820 sqft

    Former Walgreens storefront with strong Milford Road frontage and access, positioned across from major retail anchors.

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    Medical Office Building with Pharmacy
    Medical Office Building with Pharmacy

    16841 Schaefer Hwy, Detroit, MI 48235

    $585,000

    Renovated medical building includes four exam rooms, physician and management offices, lab, X-ray room, and private parking.

    View details
    Bank and Pharmacy Center with Clinic
    Bank and Pharmacy Center with Clinic

    13403 W 7 Mile Road, Detroit, MI 48235

    $1,350,000

    Shopping center anchored by Bank of America and a leased pharmacy, plus a vacant built-out clinic suite.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near US-31
    Commercial Land Near US-31

    1257 E Sherman Boulevard, Norton Shores, MI 49444

    $185,000
    0.23 AC lot

    Commercial land with high visibility near medical facilities and retailers.

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    Cleared Lot in Garrettsville Village
    Cleared Lot in Garrettsville Village

    10937 Fox Den Circle, Garrettsville, OH 44231

    $59,000
    0.25 AC lot

    Ready-to-build 0.25 acre lot with utilities in Garrettsville, OH.

    View details
    Hart, MI Undeveloped Commercial Land
    Hart, MI Undeveloped Commercial Land

    3308 W Monroe Road lot: B - 23.56 Acres, Hart, MI 49420

    $300,000
    23.56 AC lot

    23.56 acres of commercially zoned land near expressway.

    View details
    Undeveloped Land in Weare Township
    Undeveloped Land in Weare Township

    3308 W Monroe Road lot: C - 25.74 Acres, Hart, MI 49420

    $360,000
    25.74 AC lot

    25.74 acres of commercially zoned land near expressway.

    View details

    Novi, MI Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 10,878 square feet of properties for sale, with an estimated market value of $2,099,000.

    Sale prices for pharmacies in Novi, MI start at $2,099,000, averaging $2,099,000, and reaching up to $2,099,000 — 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

    Shopping centers 9
    Automotive properties 3
    Storefront properties 2
    Banks 1
    Car washes 1

    Demographics Overview

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

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

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