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    41490 Grand River Ave Novi, MI 48375

    Sponsored
    For Sale
    $199,900

    Business Opportunity - Novi, MI

    Property size:
    4,956 SF
    Lot size:
    0.68 Acres
    Days on Market:
    86
    Last Refresh:
    Jan 7 at 3:06 pm

    Property Features for 41490 Grand River Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    2223228001
    Size
    4,956 SF
    Lot size
    0.68 Acres

    Building Details

    Year built
    2001
    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    Empire Realty Group Inc. (313) 846-0960 [email protected]

    Listing agent Hassan Zein (313) 846-0960

    Listing date Oct 14, 2025

    MLS# 20240035857 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Business Opportunity

    This is an opportunity to own a Middle Eastern restaurant in a new construction plaza in Novi, Michigan. The restaurant has been operating for 9 years and features a fully equipped kitchen and a dining area. It is located in a high-traffic area and has a loyal customer base. The business is a turnkey operation and is known for its authentic cuisine. The property size is 4956 square feet, situated on a lot of 0.68 acres. The zoning is commercial, allowing for various business uses. This restaurant is a local favorite with excellent visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gold Buy & Jewelry ... Pawn Shop Joe's Coffee & Tea ... Coffee Shop Dairy Queen East ... Ice Cream Shop La Vie Mediterranean ... Mediterranean Restaurant Pawn Shop Jewelry Buyer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Novi
    County
    Oakland
    State
    Michigan
    Longitude
    -83.458182
    Latitude
    42.4773798

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    FAQs

    What type of property is this?
    Restaurant - Thriving Middle Eastern restaurant for sale in Novi's bustling plaza.
    Where is this 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 $199,900.
    What are key features of this property?
    This property features: - Thriving Middle Eastern restaurant business opportunity.; - Established for 9 years with a loyal customer base.; - Located in a high-traffic area of Novi's new construction plaza with excellent visibility and accessibility.
    (313) 846-0960
    Request Owner's contact information
    41490 Grand River Ave Novi, MI 48375
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    Novi, MI 48375
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41490 Grand River Ave Novi, MI 48375
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