27155 Karevich DrNovi, MI 48375
- Commercial real estate
- 11,921 SF
Property Details for 27155 Karevich Dr
- Year built
- 1979
- Lot size
- 1.91 AC
- Property size (Sq ft)
- 11,921 SF
- Zone code
- C
- Property type
- Commercial real estate
- APN
- 50-22-15-200-108
- APU
- 502215200108
Description
This exceptional 11,921 square foot, single-tenant restaurant space presents a unique investment opportunity in Novi, Michigan. Located at 27155 S Karevich Dr, 48375, this Class C property boasts a prime location and ample parking with 130 spaces. Originally constructed in 1979 and extensively renovated in 2012, the building is situated on a single story and is zoned C - Conference, offering flexibility for various uses. The entire space is currently vacant, providing a blank canvas for a new culinary venture or a seamless transition for an existing establishment. All furniture, fixtures, and equipment are included, representing a significant cost savings for a prospective buyer. The property's substantial size and turnkey condition make it ideal for a large-scale restaurant operation or a similar high-traffic business. The Oakland County location offers excellent access to major roadways and a thriving community. The property's APN is 22-15-200-108. This is a rare chance to acquire a fully equipped, move-in ready restaurant in a desirable location. Don't miss this opportunity to capitalize on a well-established space with significant potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,335,852
- Hospitality
- $2,139,628
- Educational
- $1,780,146
- Medical
- $1,841,368
- Retail
- $2,769,116
Location Insight
- City
- Novi
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4893
- Longitude
- -83.4774
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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