Novi, MI Retail Properties & Spaces for Sale

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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.

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Updated: Jul 17

Multi-Tenant Retail Shopping Center

24025-24095 Meadowbrook Road, Novi, MI 48375

$5,250,000

24,949 sqft 2.70 AC lot

1986‑built 24,949 SF multi‑tenant retail building
Set on a 2.7‑acre lot with 172 surface parking spaces
Located in a dense retail corridor with national tenants including Walmart, Hobby Lobby, and Walgreens
11,400+ people reside within a 1‑mile radius
69,500+ people reside within a 3‑mile radius and 66,000+ daytime employees within 3 miles

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Approved Site Plan in Novi

43455 West 10 Mile Road, Novi, MI 48375

Contact for pricing

6,658 sqft

Site plan approved for a 6,658 SF building.

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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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Retail Building with Large Footprint

21700 Novi Rd, Novi, MI 48375

Contact for pricing

35,604 sqft

Retail building offering 35,604 SF of space for sale.

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Novi Former Bank Branch

23890 Novi Rd, Novi, MI 48375

$1,315,000

2,976 sqft

High-visibility corner location suitable for a financial institution.

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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 35 Potential Opportunities for your consideration. Besides 7 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 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.

Built 2021 Office-Retail Landmark Building

345 E. Cady St, Northville, MI 48167

$6,500,000

13,298 sqft

Class A office and retail building with 10' columns, polished concrete floors, and on-site parking, built in 2021.

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Farmington Retail Opportunity For Sale

35405 Grand River Avenue, Farmington, MI 48335

$2,500,000

21,839 sqft 3.63 AC lot

21,839 SF retail building on 3.631 acres.

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Automotive Dealership Showroom

35200 Grand River Ave, Farmington, MI 48335

Contact for pricing

Former Farmington Hills Toyota dealership building available for sale on Grand River Avenue in Farmington Hills, MI.

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Retail Storefront with High Ceiling

20111 Haggerty Rd, Northville, MI 48167

Contact for pricing

Former retail space with 20+ feet clear height, sprinklered wet pipe system, and updated 2020 roof and HVAC.

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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.

Land For Sale, Novi, MI

9 Mile Road, Novi, MI 48375

$2,200,000

Land available for fast food, retail, or office uses.

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Novi Land For Sale

45800 GRAND RIVER Avenue, Novi, MI 48374

$1,200,000

2.00 AC lot

Two acre parcel in Novi's City West zoning district.

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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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Cleared Land with Lake Views

1035 E Walled Lake Drive, Walled Lake, MI 48390

$224,900

0.72 AC lot

0.72 acres of commercial land with lake views.

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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.

Land

47460 11 Mile Rd, Novi, MI 48374

Value Estimation by Request

2,582 sqft 7.86 AC lot

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Lifestyle centers

47440-47950 Grand River Ave, Novi, MI 48374

Value Estimation by Request

303,962 sqft

View details

Retail properties & Spaces

26890 Adell Ctr Dr, Novi, MI 48375

Value Estimation by Request

5,706 sqft 1.30 AC lot

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Individual retail properties

45237 Grand River Ave, Novi, MI 48375

Value Estimation by Request

29,196 sqft 7.61 AC lot

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Retail properties & Spaces

43259 Crescent Blvd, Novi, MI 48375

Value Estimation by Request

303,809 sqft

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Lifestyle centers

27175-27275 Haggerty Rd, Novi, MI 48377

Value Estimation by Request

176,160 sqft

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Lifestyle centers

9 Mile Rd & Haggerty Rd, Novi, MI 48375

Value Estimation by Request

5,700 sqft 2.33 AC lot

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Retail properties & Spaces

43420-43831 Oaks Dr, Novi, MI 48377

Value Estimation by Request

63,569 sqft

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Rehabilitation centers

0 Novi Rd, Novi, MI 48375

Value Estimation by Request

21,410 sqft

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Restaurants

44325 12 Mile Rd, Novi, MI 48377

Value Estimation by Request

10,000 sqft

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Individual retail properties

21211 Haggerty Rd, Novi, MI 48375

Value Estimation by Request

3,062 sqft 1.34 AC lot

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Lifestyle centers

24049 Meadowbrook Rd, Novi, MI 48375

Value Estimation by Request

24,949 sqft

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Retail properties & Spaces

21211 Haggerty Rd, Novi, MI 48375

Value Estimation by Request

3,062 sqft

View details

Medical Office Space

39711-39877 Grand River Ave, Novi, MI 48375

Value Estimation by Request

7,540 sqft

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Neighborhood centers

31202 Beck Rd, Novi, MI 48377

Value Estimation by Request

37,397 sqft

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Individual retail properties

43661 Grand River Ave, Novi, MI 48375

Value Estimation by Request

8,192 sqft

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Multifamily properties

45800 Grand River Ave, Novi, MI 48374

Value Estimation by Request

View details

Novi, MI Retail Properties & Spaces Market Trends and Statistics

Explore 27 retail properties & spaces for sale in Novi, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 30,156 square feet of properties for sale, with an estimated market value of $6,614,000.

Sale prices for stores in Novi, MI start at $49,000, averaging $2,204,666, and reaching up to $5,250,000 — 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

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	$2.2M
48377	$2.5M
48374	$5.8M

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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Novi, MI Retail Properties & Spaces for Sale

9 Mile Road, Novi, MI 48375

24025-24095 Meadowbrook Road, Novi, MI 48375

43455 West 10 Mile Road, Novi, MI 48375

25875 Novi Road, Novi, MI 48375

21700 Novi Rd, Novi, MI 48375

23890 Novi Rd, Novi, MI 48375

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

Opportunities in Nearby Cities

345 E. Cady St, Northville, MI 48167

35405 Grand River Avenue, Farmington, MI 48335

35200 Grand River Ave, Farmington, MI 48335

20111 Haggerty Rd, Northville, MI 48167

Potential Development Sites for Consideration

9 Mile Road, Novi, MI 48375

45800 GRAND RIVER Avenue, Novi, MI 48374

18803 Traditions Drive |, Northville, MI 48168

1035 E Walled Lake Drive, Walled Lake, MI 48390

Off-Market Properties in Novi, MI

47460 11 Mile Rd, Novi, MI 48374

47440-47950 Grand River Ave, Novi, MI 48374

26890 Adell Ctr Dr, Novi, MI 48375

45237 Grand River Ave, Novi, MI 48375

43259 Crescent Blvd, Novi, MI 48375

27175-27275 Haggerty Rd, Novi, MI 48377

9 Mile Rd & Haggerty Rd, Novi, MI 48375

43420-43831 Oaks Dr, Novi, MI 48377

0 Novi Rd, Novi, MI 48375

44325 12 Mile Rd, Novi, MI 48377

21211 Haggerty Rd, Novi, MI 48375

24049 Meadowbrook Rd, Novi, MI 48375

21211 Haggerty Rd, Novi, MI 48375

39711-39877 Grand River Ave, Novi, MI 48375

31202 Beck Rd, Novi, MI 48377

43661 Grand River Ave, Novi, MI 48375

45800 Grand River Ave, Novi, MI 48374

Novi, MI Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Residential Income

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