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Turnkey Middle Eastern Restaurant
For Sale
$174,900

41490 GRAND RIVER AVE, Novi, MI 48375

For sale Middle Eastern restaurant with a fully equipped kitchen and dining area in a new construction plaza.

Property Size4,956 SF
Price / SF$35.29
Days on Market26

Property Features for 41490 GRAND RIVER AVE

General Information

Standard status Active
Size 4,956 SF
Property subtype Industrial

Additional Details

Business Included Yes

Building Details

Year Built 20
Listing Agency: Empire Realty Group
Listed By: Hassan Zein · License #MI6501339567
Source: Xome
Added: Jul 15 Changed: Aug 8 Last Checked: Aug 9 at 4:51AM

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 Empire Realty Group

Investment Insights

Based on property information with market context.

This For Sale opportunity features a Middle Eastern restaurant offering a fully equipped kitchen, a dining area, and the necessary fixtures to support a turnkey operation. The business has been operating successfully for 10 years, according to the remarks.

The restaurant is located in Novi’s bustling new construction plaza, with emphasis on visibility and accessibility in a high-traffic area. The listing also notes a loyal customer base.

Access to business-specific information requires an NDA. For more details or to arrange a private viewing, the listing instructs interested parties to contact LA.

Key Highlights

  • Middle Eastern restaurant for sale in Novi’s new construction plaza
  • Restaurant has been operating for 10 years
  • Fully equipped kitchen included

Property Analytics

Current Use

Gold Buy & Jewelry ... Discount Store Joe's Coffee & Tea ... Cafe & Coffee Shop Dairy Queen East ... Grocery & Convenience Store La Vie Mediterranean ... Restaurant Pawn Shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Plumbing Service Locksmith

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale Middle Eastern restaurant with a fully equipped kitchen and dining area in a new construction plaza.
Where is this conventional restaurant located?
The property is located at 41490 GRAND RIVER AVE Novi, MI.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Middle Eastern restaurant for sale in Novi’s new construction plaza; Restaurant has been operating for 10 years; Fully equipped kitchen included
More about this property
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