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    Novi, MI
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    Novi, MI Restaurants 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
    6 properties
    Novi Land For Sale
    Updated: Feb 20
    Novi Land For Sale

    9 Mile Road, Novi, MI 48375

    $2,200,000
    2.33 AC lot
    Ideal for fast food, service, retail, or office uses.
    Located at the northwest corner of 9 Mile and Haggerty Road.
    Surrounded by dense residential neighborhoods.
    Walking distance to a high‑volume Lifetime Fitness facility.
    Easy access to I‑275, I‑96, M‑5, and I‑696.
    View details
    Turnkey Middle Eastern Restaurant
    Updated: Jul 14
    Turnkey Middle Eastern Restaurant

    41490 GRAND RIVER Avenue Unit SourceFi, Novi, MI 48375

    $174,900
    4,956 sqft
    Middle Eastern restaurant for sale in Novi’s new construction plaza
    Restaurant has been operating for 10 years
    Fully equipped kitchen included
    Includes a dining area and all necessary fixtures for operation
    No pool
    View details
    Turn-Key Coffee Shop
    Turn-Key Coffee Shop

    25875 Novi Road Unit SourceFi, Novi, MI 48375

    $49,000
    2,231 sqft

    Remodeled coffee and tea shop with included equipment and a lease extending through December 2028.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turn-Key Coffee Shop Retail Space
    Turn-Key Coffee Shop Retail Space

    25875 Novi Road, Novi, MI 48375

    $49,000
    2,231 sqft

    Remodeled storefront with equipment included and existing lease through 12/2028 near major retail and freeway access.

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    Established Middle Eastern Restaurant Opportunity
    Established Middle Eastern Restaurant Opportunity

    Novi, MI 48375

    $199,900

    Thriving Middle Eastern restaurant for sale in Novi, Michigan.

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    Land for Retail or Office
    Land for Retail or Office

    NWC 9 Mile Road & Haggerty Road, Novi, MI 48375

    Contact for pricing
    5,700 sqft

    Land ideal for fast food, service, retail, or office.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    Mixed-Use Building in Downtown Farmington
    Mixed-Use Building in Downtown Farmington

    32821-32905 Grand River Ave, Farmington, MI 48336

    $3,000,000
    9,584 sqft 0.76 AC lot

    Two-story mixed-use building with restaurant and apartments in Farmington, MI.

    View details
    Freestanding Restaurant with Drive-Thru
    Freestanding Restaurant with Drive-Thru

    976 N Pontiac Trl, Walled Lake, MI

    Contact for pricing
    2,633 sqft 0.58 AC lot

    2,633 SF restaurant with drive-thru in downtown Walled Lake.

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    Existing Burger King Restaurant For Sale
    Existing Burger King Restaurant For Sale

    1113 E West Maple Rd, Walled Lake, MI 48390

    $1,450,000
    3,039 sqft

    Operating Burger King restaurant available for purchase.

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    Free-Standing Drive-Through Restaurant
    Free-Standing Drive-Through Restaurant

    32704 Grand River Avenue, Farmington, MI 48336

    $1,199,000

    Renovated in 2021 and offered turnkey with equipment and fixtures for immediate restaurant operations.

    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.

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    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    0.60-acre vacant lot on a hard corner in Canton.

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    Prime Commercial Land in Westland
    Prime Commercial Land in Westland

    7051 N Wayne Rd, Westland, MI 48185

    Contact for pricing

    Hard corner lot with high traffic, ideal for retail.

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    Prime Corner Land Opportunity
    Prime Corner Land Opportunity

    South Lyon, MI 48178

    $1,199,900
    15.90 AC lot

    15.9 acres at a busy intersection with commercial/residential zoning.

    View details

    Off-Market Properties in Novi, MI

    Consider similar Off-Market properties in Novi, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    27175-27275 Haggerty Rd
    Lifestyle centers

    27175-27275 Haggerty Rd, Novi, MI 48377

    Value Estimation by Request
    176,160 sqft
    View details
    44325 12 Mile Rd
    Restaurants

    44325 12 Mile Rd, Novi, MI 48377

    Value Estimation by Request
    10,000 sqft
    View details

    Novi, MI Restaurants Market Trends and Statistics

    Explore 8 restaurants for sale in Novi, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 9,418 square feet of properties for sale, with an estimated market value of $272,900.

    Sale prices for restaurant properties in Novi, MI start at $49,000, averaging $90,966, and reaching up to $174,900 — 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

    Conventional restaurants 3
    Coffee shops 2
    Drive through restaurants 2

    Demographics Overview

    Population 62K
    Population Growth (5Y) +11.9%
    Median Household Income $124,389
    College Educated 67.9%

    High-Yield Neighborhoods for Investment

    Identify Novi submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48375 $488K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Oakland County

    Retail

    Residential Income

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