6801 Telegraph Rd - Bank FOR SALE


Bloomfield Hills, MI 48301
$2,250,000 USD
419-283-7363
6801 Telegraph Rd, Bloomfield Hills, MI for Sale
$2,250,000 USD
Bank - FOR SALE
1/2
null | Request Cap Rate

Sep '26


6801 Telegraph Rd
Bloomfield Hills, MI 48301


HIGHLIGHTS

  • Located on Telegraph Road with full visibility and access near the Maple Road corridor.
  • Features a 0.96-acre site with 28 parking spaces and dual curb cuts for convenient ingress and egress.
  • Zoned B-1 Local Business in Bloomfield Hills, supporting retail, office, or adaptive reuse possibilities.
  • Positioned in a high-barrier-to-entry market with strong residential density and significant purchasing power.
  • Exceptional three-mile demographics, including average household incomes of $228,138 and over 49,000 residents.
  • Rare opportunity in Bloomfield Hills’ primary commercial corridor, ideal for multiple uses or redevelopment.

OVERVIEW

This former bank branch offers a unique opportunity in the highly desirable Bloomfield Hills corridor along Telegraph Road. Located at the signalized intersection of Telegraph and Fairlane Drive, the property provides excellent frontage, dual curb cuts, and convenient access to Maple Road, ensuring strong connectivity within one of Metro Detroit’s most sought-after trade areas. The building sits on a 0.96-acre parcel and features 28 dedicated parking spaces, supporting a variety of potential uses such as retail, office, or adaptive reuse applications. Zoned B-1 Local Business, the property aligns with multiple commercial and mixed-use possibilities, making it an attractive investment for both owners and developers. Bloomfield Hills’ limited availability of comparable sites and the surrounding affluent residential base create strong barriers to entry for newcomers, further enhancing long-term value. The area is characterized by exceptional demographics, with an average household income of approximately $228,000 within a three-mile radius and a well-educated consumer base. Nearby amenities include Trader Joe's, Bloomfield Plaza, and multiple dining and banking establishments. With over 59,000 vehicles passing daily on Telegraph Road and proximity to major arterial routes, this property represents an outstanding opportunity for redevelopment or repositioning within one of Michigan’s most exclusive communities.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$532 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,887 SF

ZONING

BI

APN/PARCEL ID

19-33-151-008

ASK ABOUT THIS PROPERTY

Dave LongCBREMore Info
419-283-7363

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Dave LongCBREMore Info
419-283-7363

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