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

Studio Baths0.0

Monthly Estimate*

^$ 7,486

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Studio

Lots and Land for sale in Novi, MI

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

Incredible opportunity in the heart of the Ã¢â¬ÅCity WestÃ¢â¬Â 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.

Lots and Land Active

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 7,959

Style

Vacant Land

Lot Size

Town/City

Novi

County/Region

Oakland

MLS | Web ID

60312659

Features

General

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Style Vacant Land

County Oakland

Class VACANT LAND

Type Vacant Land

Ownership Private

Municipality Novi

Zoning Mixed Use Multi-Family Professional Office Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Novi (63272)

Primary City Novi

Directions Grand River between Beck and Taft

City Novi

School District Novi Community School District

Financial Terms Cash Conventional

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

DOM 548

Postal Code 48374

Price Per Sq Ft Total AG 600000

Public Remarks Incredible opportunity in the heart of the Ã¢â¬ÅCity WestÃ¢â¬Â zoning district in Novi. New zoning allows for a variety of uses

Exterior

Frontage 0

Lot Size Area 2

Lot Dimensions Irregular

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Tommy Desmond

Listing Agent

Emerald Standard Realty Company

Broker

tommy@desmondrealty.com

Affordability Calculator

$8,150

Per Month

Monthly Principal & Interest: $7,486
Monthly Property Taxes: $663
Monthly Home Insurance: --

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Loan Term

Interest Rate

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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

Lots and land listings in Novi, MI

Average List Price ^$442,408

Percent of Sale Price 63%

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.

760167 Elementary School

760343 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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 0.0 baths. The property's zip code is 48374 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.

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45800 GRAND RIVER Avenue

Lots and Land for sale in Novi, MI

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