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    Novi, MI
    Grocery Store

    Novi, MI Grocery And Convenience 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
    Convenience Store with Equipment
    Updated: Aug 22
    Convenience Store with Equipment

    2206 OLD NOVI RD, Novi, MI 48377

    $799,000
    2,250 sqft
    2,250‑square‑foot commercial building
    Liquor license included with the property
    Coolers and existing retail equipment in place
    Exterior recently resided
    Located at 2206 Old Novi Road in Novi, MI 48377
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    This listing looks promising.

    Here's a quick look at some key insights for

    2206 OLD NOVI RD, Novi, MI 48377

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $34K
      Annual

    • Mortgage

      $270K
      Oct 2022

    • Last Sold

      Oct 2022
      $225K

    • Property Type

      Commercial (General)
      Built 1920
    View Property Analytics
    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.

    Liquor Store and Deli
    Liquor Store and Deli

    3391 Orchard Lake Road, Keego Harbor, MI 48320

    Contact for pricing
    3,000 sqft

    Retail business featuring liquor, wine, craft beer, and deli offerings in a neighborhood-serving format.

    View details
    Profitable Market & Deli Business
    Profitable Market & Deli Business

    3391 Orchard Lake Rd, Keego Harbor, MI 48320

    Contact for pricing
    2,976 sqft

    Turnkey market and deli business for sale in Keego Harbor.

    View details
    Amazon Fresh Grocery Store
    Amazon Fresh Grocery Store

    29320 Plymouth Rd, Livonia, MI 48150

    Contact for pricing
    40,654 sqft

    Single-tenant grocery property occupied by Amazon Fresh with an adjacent Chick-fil-A.

    View details
    Grocery Anchored Neighborhood Center
    Grocery Anchored Neighborhood Center

    33523 8 Mile Road |, Livonia, MI 48152

    Contact for pricing

    High-traffic Livonia shopping center with recent Kroger expansion.

    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.

    Northville Commercial Pad Site Available
    Northville Commercial Pad Site Available

    18803 Traditions Drive |, Northville, MI 48168

    Contact for pricing
    1.12 AC lot

    1.12-acre pad site in Northville Park Place for sale.

    View details
    Corner Commercial Land with High Road Frontage
    Corner Commercial Land with High Road Frontage

    Highland Road, White Lake, MI 48383

    $215,000
    1.16 AC lot

    Commercial land parcel on a corner with substantial frontage on heavily traveled Highland Road.

    View details
    Romulus Land with Development Potential
    Romulus Land with Development Potential

    6130 WAYNE Road, Romulus, MI 48174

    $195,000
    11.70 AC lot

    11.7 acre parcel zoned for commercial and multi-family development.

    View details
    Romulus Retail Development Opportunity
    Romulus Retail Development Opportunity

    32870 Wick Road |, Romulus, MI 48174

    Contact for pricing
    30.00 AC lot

    Highway service retail development site near Detroit Metropolitan Airport.

    View details

    Novi, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Novi, MI on our real estate platform. These investment opportunities span a total of 2,250 square feet of properties for sale, with an estimated market value of $799,000.

    Sale prices for supermarkets in Novi, MI average $799,000 — 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 15
    Automotive properties 4
    Storefront properties 3
    Showrooms 2
    Banks 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)

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