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Maxim Building


42400 Grand River Avenue, Novi, MI 48375

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  • Property Type Office - General Office
  • Property Size 36,000 SF
  • Lot Size 3 Acre
  • Parking Spaces Avail. 167
  • Parking Ratio 4.64 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988


  • Walk Score ® Somewhat Walkable (60)
  • Bike Score ® Somewhat Bikeable (42)
Powered by Walk Score ®
  • City Novi, MI
  • Neighborhood Novi
  • Zip Code 48375
  • Market Detroit

Points of Interest


2.13 miles


4.82 miles

2 stations

5.07 miles


5.11 miles


5.51 miles


8.03 miles


8.38 miles


8.41 miles


8.41 miles


8.84 miles

Parking Lot A

3.84 miles

Center Parking Lot

4.48 miles

Lot 6

4.76 miles

Lot 4

5.05 miles

Wixom Habitat Parking

5.49 miles

Real Green Systems

6.52 miles

Parking Lot - Central Convent

6.99 miles

Parking Lot - North

7.14 miles

Parking Lot - West

7.15 miles

Lot E - Employee & Handicap Parking

9.93 miles

Four Points by Sheraton Detroit Novi

0.97 miles

Motel 6

2.18 miles

Motel 6

2.19 miles

Knights Inn Farmington Hill

2.61 miles


3.23 miles

SpringHill Suites

3.85 miles

Detroit Marriott Livonia

5.19 miles

Park Motel of Farmington

6.15 miles

Hilton Garden Inn Plymouth

6.40 miles

Hampton Inn & Suites

6.47 miles


0.60 miles

Auntie Anne's

0.85 miles

Lifestyle Cafés

0.88 miles

China Cafe

0.91 miles

Buffalo Wild Wings

1.25 miles

Cherry Blossom

1.27 miles

Billy's Coney Island

2.59 miles


3.79 miles

Gift of India

4.07 miles

Jimmy John's

5.59 miles

South University

1.21 miles

Moraine Elementary School

3.65 miles


3.70 miles

James R. Geisler Middle School

4.05 miles

Schoolcraft College

4.65 miles

Oakland Community College at Orchard Ridge

5.03 miles

Farmington High School

5.52 miles

Northville Montessori Center

5.74 miles

Our Lady of Mercy High School

6.59 miles

Madonna University

6.73 miles

Childtime Learning

3.09 miles

KinderCare Learning Center

3.24 miles

Little Hearts Learning Home - Child Care and Pre-School

4.67 miles

Minto's Casa

4.76 miles


5.08 miles

Tutor Time

5.57 miles

Everbrook Academy of West Bloomfield

6.60 miles

Montessori Center of Our Lady

6.94 miles

Livonia Little Tots

7.45 miles


8.35 miles


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  • Purchase Date 03 Oct, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name


  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Novi

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

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Total Rent
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Occupancy & Leasing Activity
Lease Spread
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Asking Rents in Novi Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $23.25
  • 2020 Office Vacancy Rate 14.25%
  • 2020 Office Completions (SF) 269,869
View more Novi market trends


  • Market Value* $3,681,340
  • Assessed Value $3,681,340

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Maxim Building?

Maxim Building totals 36,000 square feet.

When was this property built?

Maxim Building was built in 1988.

When was Maxim Building last sold?

Maxim Building was last sold on 03 Oct, 2012.

What is the market value for Maxim Building?

The market value* for Maxim Building in 2022 was $3,681,340.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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