41490 GRAND RIVER Avenue # Suite A Novi, MI ^$ 199,900

41490 GRAND RIVER Avenue # Suite A

^$ 199,900

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41490 GRAND RIVER Avenue # Suite A

Novi, MI, 48375

^$ 199,900

Bedrooms-- Baths-- Sq 4,956

Monthly Estimate*

^$ 1,247

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Commercial Property for sale in Novi, MI

for $199,900. This 4,956 square foot building was built in 2001 on a lot size of 0.68.

***BUSINESS OPPORTUNITY*** Seize the opportunity to own a thriving Middle Eastern restaurant in Novi's bustling new construction plaza. This well-established eatery has been operating successfully for 9 years, enjoying excellent visibility and accessibility in a high-traffic area. With a loyal customer base and a reputation for delicious, authentic cuisine, it’s a local favorite. The restaurant features a fully equipped kitchen, a stylish dining area, and all necessary fixtures for a turnkey operation. Consistently doing great numbers, this business presents a lucrative investment. For more details and to arrange a private viewing, contact LA.

Commercial Active

Price

^$ 199,900

Property Type

Commercial

Taxes

^$ 10,486

Style

Business

Lot Size

0.68

Year Built

2001

Town/City

Novi

County/Region

Oakland

MLS | Web ID

20240035857

Features

General

Sewer PublicSewer

Heating ForcedAir NaturalGas

Cooling CentralAir

Possession Negotiable

Construction Materials Brick

Year Built 2001

Levels One

Unit Number Suite A

Property Subtype Business

Current Use Restaurant

Business Type Retail Service

County Oakland

Net Operating Income 0.0

Operating Expense 0.0

New Construction N

Property Type BusinessOpportunity

HOA N

Attached Garage N

Subdivision Name GATEWAY VILLAGE OF NOVI OCCPN 1430

Garage Y/N N

Status Active

Directions N of Grand River Ave & W of Meadowbrook Rd.

City NoviCity_Oakland

Senior Community Y/N N

High School District Novi

Zoning Description Commercial

MLS Area Area02223Novi

Lot Size Units Acres

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 10486.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 203930

TaxOtherAnnualAssessmentAmount 0.0

Expected Active Date 2024-05-24

Legal Description 01 T1N R8E SEC 23 02 OAKLAND COUNTY 03 CONDOMINIUM PLAN NO 1545 04 THE SHOPS OF GATEWAY 05 VILLAGE OF NOVI 06 UNIT 1 07 L 30069 P 056 08 7-24-03 FR 226-043

Exterior

Water Source Public SeparateMeters

Lot Size Area 0.68

Foundation Details Slab

Spa N

Building Area Total 4956.0

Lot Size Acres 0.68

Waterfront Y/N N

Road Frontage Type Paved

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 4956.0

Internal Only

Street Number 1 41490

* Excluded Features

List By

Hassan Zein

Listing Agent

Empire Realty Group

Broker

(313) 220-3624

Phone

Affordability Calculator

$2,121

Per Month

Monthly Principal & Interest: $1,247
Monthly Property Taxes: $874
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Novi, MI

Average List Price ^$66,474

Percent of Sale Price 67%

About Novi, MI

60,770 Population

28% Since 2002

^$88,791 Median Income

41.16 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

848060 Elementary School

848575 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/14/2025	$199,900	-6.98%	Price Down
3/8/2025	$214,900	-0.46%	Price Down
1/25/2025	$215,900	-6.09%	Price Down
5/24/2024	$229,900		Listed Price

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41490 GRAND RIVER Avenue # Suite A, Novi, MI, 48375 is a Commercial Property for sale at $199,900 with 4,956 sqft and a lot size of 0.68. 41490 GRAND RIVER Avenue # Suite A was built in 2001. The property's zip code is 48375 which is in Novi, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/11/2025.

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41490 GRAND RIVER Avenue # Suite A

Commercial Property for sale in Novi, MI

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