44480 Grand River Ave - Warehouse FOR SALE


Novi, MI 48375 | 
$1,850,000 USD
248-635-7200
44480 Grand River Ave, Novi, MI for Sale
$1,850,000 USD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

NEW


44480 Grand River Ave
Novi, MI 48375


HIGHLIGHTS

  • Multi-tenant industrial building positioned along Grand River Avenue.
  • Seven grade-level loading doors support operational flexibility.
  • Existing office buildout complements warehouse functionality.
  • Located west of Novi Road within Novi's City West District area.
  • Flexible ownership structure allows occupancy and income potential.
  • Accessible location within the established Novi business community.

OVERVIEW

44480 Grand River Avenue presents an opportunity to acquire a multi-tenant industrial asset in Novi, Michigan. The property contains 14,260 square feet with approximately 3,360 square feet of office space and is configured to support a variety of owner-user, light industrial, warehouse, and operational requirements. The building features a 13-foot clear height and seven grade-level loading doors, providing flexibility for storage, distribution, service, manufacturing, and contractor-oriented uses. Positioned on the north side of Grand River Avenue west of Novi Road, the property benefits from visibility along one of Novi's primary commercial corridors. The location provides access to the area's established business environment and is situated within the path of the City's West District, an area that has attracted ongoing commercial investment and redevelopment activity. The combination of industrial functionality and a highly accessible location creates flexibility for both owner-users and investors seeking a property with multiple occupancy options. The building's multi-tenant configuration offers the potential for an owner-user to occupy a portion of the property while generating income from the remaining units. With multiple grade-level doors, dedicated office space, and a location within one of Metro Detroit's most recognized business communities, the property is positioned to accommodate a range of industrial and commercial operations.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

UTILITIES

-

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.84

LAND SF

36,590

ZONING

II

APN/PARCEL ID

22-15-326-003

ASK ABOUT THIS PROPERTY

Jeffrey LemanskiSignature AssociatesMore Info
248-635-7200

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Jeffrey LemanskiSignature AssociatesMore Info
248-635-7200

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