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- LoopNet Team
45500 Grand River Ave
Novi, MI 48374
Novi Mixed-Use Opportunity · Land For Sale
·
10.05 ac
INVESTMENT HIGHLIGHTS
- Recently Rezoned to the New City West Zoning District - Mixed-Use Allowed (INDUSTRIAL USES NO LONGER PERMITTED)
- Located in Novi, MI - Top Ranked School District in Michigan
- Close Proximity to I-96 & Suburban Showplace
- Reach out to Max Langenbach for more information
PROPERTY FACTS
| Property Type | Land | Total Plot Size | 10.05 ac |
| Property Subtype | Commercial | No. Floors | 1 |
| Proposed Use | Commercial | ||
| Use Class | CW - As of May 2024, the Subject property has been rezoned to the newly created CW: City West District, allowing for Mixed-Use and Residential Development | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Plot Size | 10.05 ac |
| No. Floors | 1 |
| Use Class | CW - As of May 2024, the Subject property has been rezoned to the newly created CW: City West District, allowing for Mixed-Use and Residential Development |
DESCRIPTION
45500 Grand River Ave, Novi, MI 48374 presents a prime investment opportunity in Novi's "City West" zoning district. This 10-acre parcel, adjacent to the Suburban Showplace, features 180 feet of frontage on Grand River Avenue. The property is zoned City West North, allowing for diverse uses such as commercial, multi-family, office, or mixed-use developments, including an 8-story mixed-use project. Additionally, a Class-C liquor license is available for the site. With its strategic location and flexible zoning, this property is ideal for developers looking to capitalize on Novi's growth and development potential.
PROPERTY TAXES
| Parcel Number | 22-16-426-005 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,061,182 |
PROPERTY TAXES
