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Restaurant With Outdoor Seating
For Sale
$37,500

39915 Grand River Ave, Novi, MI 48375

Deli space with commercial refrigeration, a walk-in cooler, and a kitchen arranged for high-volume food service.

Property Size21,642 SF
Price / SF$1.73
Days on Market208

Property Features for 39915 Grand River Ave

General Information

Standard status Active
Size 21,642 SF
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Patio Yes

Amenities

3
170380

Building Details

Year Built 20
Listing Agency: EXP Realty Main
Listed By: Mike Hakim · License #6501437407
Source: Xome
Added: Jan 24 Changed: Aug 17 Last Checked: Aug 20 at 4:26AM

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 EXP Realty Main

Investment Insights

Based on property information with market context.

This conventional restaurant property operates as a deli with seating for approximately 84 guests and additional outdoor seating. The improvements include a walk-in cooler, commercial refrigeration, and a kitchen layout designed to support high-volume service. The A/C unit is 2 years old.

The property is positioned on Grand River Avenue in Novi, near Novi Road, Meadowbrook Road, and I-96. The surrounding area includes dense residential neighborhoods, major retail centers, and established local businesses. Ample parking and convenient access support dine-in, carryout, and catering operations.

Key Highlights

  • Seating for approximately 84 guests plus additional outdoor seating
  • Walk‑in cooler and commercial refrigeration included
  • A/C unit is 2 years old

Property Analytics

Current Use

Sanjiv Shah, DDS Dental Office Morris Velilla, DDS Dental Office Picasso Deli Take-out & Catering Steve Karagatsoulis - State ... Insurance Agency Shah & Velilla, DDS Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Pharmacy Hotel & Motel Nail Salon

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Grainger Home Improvements & Furnishings
1,931 visits/mo 0.5 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Deli space with commercial refrigeration, a walk-in cooler, and a kitchen arranged for high-volume food service.
Where is this conventional restaurant located?
The property is located at 39915 Grand River Ave Novi, MI.
What is the asking price?
The asking price for this property is $37,500.
What are key features of this property?
This property features: Seating for approximately 84 guests plus additional outdoor seating; Walk‑in cooler and commercial refrigeration included; A/C unit is 2 years old
More about this property
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