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24555 Novi Rd

Novi, Novi, MI
Floors
1
Total Size
4,947 sqft
Zoning
B-3, GENERAL BUSINESS
Year Constructed
1976
Year Renovated
0
Building Class

About 24555 Novi Rd

Prime redevelopment opportunity 4,947 SF restaurant/bar situated on 4.68 acres Excellent visibility on Novi Road Location has been a popular local bar & grill since 1976 Close proximity to the I-275, I-696 & I-96 expressways The B-3 zoning designation offers a multitude of redevelopment opportunities Ideal for retail and service industries Annual taxes = $26,378.74 Sale price: $899,000 - Parking description: Surface

Internet Providers for 24555 Novi Rd

Provider Technology Max Download Speed Max Upload Speed
Bright House Networks Cable
100 Mb/s
25 Mb/s
AT&T Michigan DSL
25 Mb/s
3 Mb/s
Iserv DSL
10 Mb/s
768 kbps
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s
MegaPath Corporation Copper Wireline
6 Mb/s
6 Mb/s

The City: Novi

The typical asking rate per listing is in the $20's per square foot per year. The Novi submarket is going through a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 34% increase in rent.

Compared to the rest of the Metro Detroit market, the Novi region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Median Rate Median Size
Novi $28
/sqft/yr
2,852
sqft
Median Rate Median Size
Metro Detroit $21
/sqft/yr
2,570
sqft

Median Rate over Time in Novi