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25750-25780 Novi Rd
Novi, MI 48375
Former 5th Avenue · Retail Property For Sale
Investment Highlights
- Fully built out bar/nightclub/entertainment venue with prominent location on Novi Road and Main Street, just south of Grand River.
- Excellent "Owner/User" opportunity for users of 7,500-15,649 square feet, with additional income coming in from adjacent tenants.
- Hundreds of new multi-family units already built, or site plan approved within close proximity of the property.
- Outdoor patio with overhead doors on 2nd level.
Executive Summary
A 26,150 square foot multi-tenant retail center for sale on Novi Road within the heart of Novi's central business district.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
26,150 SF
Building Class
B
Year Built
1998
Percent Leased
40%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.16
Lot Size
3.67 AC
Zoning
TC-1 - Town Center 1
Parking
205 Spaces (7.84 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 22-23-151-022 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,870,955 CAD |
Property Taxes
Parcel Number
22-23-151-022
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,870,955 CAD
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