Retail

Novi, MI Retail Space 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
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.
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Retail Space
Updated: Apr 12
Retail Space

42481 W 13 Mile Rd, Novi, MI 48377

Contact for pricing
11,239 sqft
Retail property for sale offering 11,239 SF of space
Retail asset totaling 11,239 SF
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Retail Building with Large Footprint
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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Novi, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

Two-Story Retail/Office Building
Two-Story Retail/Office Building

33431 Grand River Ave, Farmington, MI 48335

$1,740,000
10,138 sqft

Fully renovated historic building with elevator access and prime Grand River Avenue visibility in downtown Farmington.

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Farmington Retail Opportunity For Sale
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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Retail Space in Grocery Center
Retail Space in Grocery Center

15185 N. Sheldon Road |, Plymouth, MI 48170

Contact for pricing
90 sqft

Retail spaces for lease in a dominant grocery store center.

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Established Hair Salon for Sale
Established Hair Salon for Sale

Plymouth, MI 48170

$94,999

Thriving hair salon with 25-year legacy in Plymouth.

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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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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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.

45237 Grand River Ave
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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Novi, MI Retail Space Market Trends and Statistics

Explore 4 retail space for sale in Novi, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 46,843 square feet of properties for sale, with an estimated market value of $2,200,000.

Sale prices for retail space in Novi, MI average $2,200,000 — 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

Shopping centers 13
Automotive properties 3
Storefront properties 3
Banks 2
Car washes 1

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

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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