45800 GRAND RIVER Avenue $1,200,000

    Close

    45800 GRAND RIVER Avenue Novi, MI 48374

    • 2.00 Acres
    • Land
    • MLS# 60312659
    Favorite Share
    Views: 35 Days On Site: 173

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Incredible opportunity in the heart of the â‚Å“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 180â‚„¢ 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.

    • General Features
      • Style Vacant Land
      • Acreage 2
      • Area Municipality Novi (63272)
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Waterfront Y/N No
      • ZONING Mixed Use,Multi-Family,Professional Office,Commercial
    • Property Features
      • Lot Size Irregular
      • Roads Paved Street
      • Sewer Septic Public Sanitary, Public At Street
      • Water Public Water, Public Water at Street
    • Schools
      • School District Novi Community School District

    Neighborhood

    48374 (Novi) Demographics

    37 Median Age
    1,811 Population Density (per sq. mile)
    75% College Educated
    $143,517 Estimated Median Income
    4,609 Estimated Total Home Owners
    631 Estimated Total Renters
    88% / 12% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    16,653 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $490,000 Median Sales Price
    15 Homes Sold
    16 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,200,000
        6/3/2024 1:52:00 PM New in Database Source: Multiple Listing Service New Value: $1,200,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.