45800 GRAND RIVER Avenue Novi, MI $ 1,200,000
45800 GRAND RIVER Avenue
$ 1,200,000
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45800 GRAND RIVER Avenue

Novi, MI, 48374
$ 1,200,000
Baths2.0

Monthly Estimate*

$ 7,486

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Studio

Lots and Land for sale in Novi, MI

for $1,200,000 with 2 full baths. The lot size is 2.

Incredible opportunity in the heart of the “City West” zoning district in Novi. New zoning allows for a variety of uses, including 8 story mixed use development. Situated directly beside Suburban Showplace with 180’ of frontage on Grand River, this 2 acre parcel is currently zoned City West North. Seller also has a Class-C liquor license available for the site for sale as well. Property is located on the north side of Grand River, which has already been approved for new zoning and is currently buildable. Details of City West Zoning included in the documents or can be found on the City of Novi's website in their zoning ordinance. Potential land contract / seller financing arrangements a possibility.

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Lots and Land Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

2

Property Type

Lots and Land

Taxes

$ 7,959

Style

UnimprovedLand

Lot Size

2

Town/City

Novi

County/Region

Oakland

MLS | Web ID

20240019123

Features
General
Sewer PublicSewer SewerAtStreet
Possession AtClose
Garage Spaces 0.0
Property Subtype UnimprovedLand
County Oakland
New Construction N
Property Type Land
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Grand River between Beck and Taft
City NoviCity_Oakland
Senior Community Y/N N
High School District Novi
Zoning Description Commercial MultiFamily Multiple Office
MLS Area Area02223Novi
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7959.0
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
Tax Assessed Value 152110
TaxOtherAnnualAssessmentAmount 138.0
Expected Active Date 2024-06-03
Legal Description T1N R8E SEC 16 PART OF SE 1/4 BEG AT PT DIST N 89-26-00 E 203.35 FT FROM NW COR OF NE 1/4 OF SE 1/4 TH N 89-26-00 E 176.20 FT TH S 525.20 FT TO NLY LINE GRAND RIVER AVE TH N 71-18-00 W ALG SD LI
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Exterior
Water Source Public WateratStreet
Lot Size Area 2.0
Spa N
Lot Dimensions Irregular
Lot Size Acres 2.0
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Baths 2
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Internal Only
Street Number 1 45800
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* Excluded Features
List By
Tommy Desmond

Listing Agent

Emerald Standard Realty Company

Broker

(248) 906-8659

Phone

Affordability Calculator

$8,150
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$663
Monthly 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
848060 Elementary School
848575 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2024$1,200,000 Listed Price

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45800 GRAND RIVER Avenue, Novi, MI, 48374 is a Lots and Land for sale at $1,200,000 with a lot size of 2. 45800 GRAND RIVER Avenue is a studio with 2.0 baths. The property's zip code is 48374 which is in Novi, MI