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Former Bank Branch with Drive-Thru
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23890 Novi Rd, Novi, MI 48375

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

Property Size2,976 SF
Lot Size1.06 Acres
Days on Market187

Property Features for 23890 Novi Rd

General Information

Standard status Active
Size 2,976 SF
Lot size 1.06 Acres
Property subtype Retail
Zoning OS-1

Site & Location

Traffic Count 20,269 vehicles/day
Road Access Yes

Amenities

floor-to-ceiling windows
private manager's office
break room
efficient teller counter layout
three-lane drive-thru
prominent monument sign

Building Details

Building Size 2,976 SF
Listing Agency: PA Commercial
Listed By: Matt Schiffman
Source: Cpix.resimplifi
Added: Mar 5 Changed: Aug 8 Last Checked: Sep 7 at 4:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PA Commercial

Investment Insights

Based on property information with market context.

This well-maintained former bank branch offers a functional customer floor plan and modern interior presentation. The building features a bright, expansive lobby with floor-to-ceiling windows, along with a private manager’s office and a spacious break room. An efficient teller counter layout supports smooth branch operations, and the property includes a three-lane drive-thru to serve drive-up customers.

Located on a high-visibility corner at 23890 Novi Rd in Novi, Michigan, the site provides two curb cuts and ample parking for both drive-up and in-branch traffic. The property also includes a prominent monument sign for branding.

Use is restricted to the operation of a bank, savings and loan, or similar financial institution.

Key Highlights

  • 2,976 SF former bank branch in Novi on a high‑visibility corner lot
  • Over 20,269 vehicles per day and strong monument signage for branding
  • Bright modern lobby with floor‑to‑ceiling windows and abundant natural light

Property Analytics

Current Use

Community Financial Credit ... Credit Union

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Auto Parts Store Nail Salon Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,269 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Dining 9%
Speedway Shops & Services
23,117 visits/mo 0.2 miles
Marathon Shops & Services
5,776 visits/mo 0.2 miles
Penn Station East Coast Subs Dining
3,579 visits/mo 0.2 miles
Huntington Bank Shops & Services
2,521 visits/mo 0.2 miles
Valvoline Instant Oil Change Shops & Services
1,754 visits/mo 0.4 miles

Demographics for 48375, MI

23,237
Population
10,223
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,766
Density / Sq Mi
$112,978
Median Household Income
$70,326
Median Earnings
$1,880
Median Rent
$348,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Former bank branch with a three-lane drive-thru, bright lobby, and efficient teller counter layout on a 1.06-acre corner lot.
Where is this bank located?
The property is located at 23890 Novi Rd Novi, MI.
What are key features of this property?
This property features: 2,976 SF former bank branch in Novi on a high‑visibility corner lot; Over 20,269 vehicles per day and strong monument signage for branding; Bright modern lobby with floor‑to‑ceiling windows and abundant natural light
More about this property
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