23890 Novi Rd - Bank FOR SALE


Novi, MI 48375
$1,315,000 USD
248-281-9907
23890 Novi Rd, Novi, MI for Sale
$1,315,000 USD
Bank - FOR SALE
1/15
null | Request Cap Rate

23890 Novi Rd
Novi, MI 48375


HIGHLIGHTS

  • 2,976 SF Former Bank Branch in Novi’s thriving retail and residential district
  • High-Visibility corner location with over 20,269 vehicles per day
  • 1.06-acre lot with two curb cuts and ample parking
  • Bright, Modern Lobby with floor-to-ceiling windows and abundant natural light
  • Three-Lane Drive-Thru for maximum customer convenience & prominent Monument Signage for strong brand presence
  • Financial-Use Only Restriction: bank, savings & loan, or similar institution

OVERVIEW

Position your financial institution for success at this high-visibility corner location in thriving Novi, Michigan. This well-maintained 2,976 SF former bank branch offers an ideal combination of functionality, visibility, and modern design. Step into a bright, expansive lobby featuring floor-to-ceiling windows that flood the space with natural light—perfect for creating a welcoming customer experience. The building also includes a private manager’s office, a spacious break room, and an efficient teller counter layout designed for smooth operations. The property features a three-lane drive-thru, a prominent monument sign for branding, and excellent accessibility for both drive-up and in-branch customers. Note: Use is restricted to the operation of a bank, savings and loan, or similar financial institution

FOR SALE DETAILS

PRICE

$1,315,000 USD

PRICE/SF

$442 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

OS-1

APN/PARCEL ID

22-26-101-022

ASK ABOUT THIS PROPERTY

Matt SchiffmanP.A. Commercial, LLCMore Info
248-281-9907

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Matt SchiffmanP.A. Commercial, LLCMore Info
248-281-9907

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.