42481 13 Mile RdNovi, MI 48377

For Sale
Call for price
Prime Novi location, former Rite Aid, high-traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 11,180-square-foot retail or medical office space presents a unique investment opportunity. Located at 42481 W 13 Mile Road in Novi, Michigan (Oakland County, zip code 48377), this freestanding building sits on a 2.27-acre lot and boasts approximately 60 parking spaces. Built in 2006, the property is ideally situated on a hard corner at the intersection of 13 Mile and Novi Road, offering excellent visibility and accessibility. The property is zoned within a Planned Urban Development (PUD) featuring new housing developments, and it's the only location within the PUD permitted to have a drive-thru, presenting a significant advantage. The high-traffic location is further enhanced by an average household income exceeding $100,000 within a three-mile radius. This former Rite Aid building is easily adaptable for medical office use, catering to the growing healthcare needs of the community. The property's strategic location serves as a gateway to Novi and Walled Lake, placing it within a thriving retail corridor considered among the best in Southeastern Michigan. The APN is 22-11-126-004. This property offers significant potential for a variety of uses and represents a compelling investment opportunity in a highly desirable location.

Highlights

  • 11,180 SF building on a 2.27-acre lot.
  • Former Rite Aid freestanding building.
  • Ample parking with approximately 60 spaces.
  • Situated in a Planned Urban Development (PUD) with new residential construction.
  • Sole drive-thru permitted within the PUD.
  • High-visibility hard corner location at 13 Mile and Novi Road.

Property Details for 42481 13 Mile Rd

Property type
Retail properties, Office properties
Square Feet
11,180 SF
Year Built
2006
Lot Size (sq. ft)
98,881 SF

Location Insight

City
Novi
County
Oakland
State
Michigan
Latitude
42.5094801
Longitude
-83.4676011
42481 13 Mile Rd, Novi, Michigan

FAQs

What type of property is this?
Retail property - Prime Novi location, former Rite Aid, high-traffic area.
Where is the retail property located?
The property is located at 42481 13 Mile Rd Novi, MI.
What are key features of this property?
This property features: 11,180 SF building on a 2.27-acre lot.; Former Rite Aid freestanding building.; Ample parking with approximately 60 spaces.
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42481 13 Mile Rd
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