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Prime Bank or Credit Union Branch Opportunity in the Heart of Novi

$1,315,000

23890 Novi Rd, Novi, MI 48375

Active
Last Updated: 11/17/2025

2,976 sqft

Building Size

1.067 acres

Lot Area

Details:
Building Size:    2,976 sqft
Lot Area:    1.067 acres
Units:    1
Year Built:    2002
Floors:    1
Parking Spots:    30
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
  • Affluent Trade Area with 67,900 households within 5 miles
  • Strong Demographics, averaging $130,887 household income
  • Financial-Use Only Restriction: bank, savings & loan, or similar institution
Description:

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

Novi stands as a hub of economic activity, known for its vibrant commercial developments, thriving businesses, and upscale residential developments. The area's strategic location, coupled with a strong demographic profile, offers unparalleled opportunities for businesses to thrive and expand. With 67,900 households within five miles and an impressive average household income of $130,887, this location offers built-in demand in one of Metro Detroit’s strongest retail and residential markets.

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