248-281-9907
850 N Telegraph Rd, Dearborn, MI for Sale
Bank - FOR SALE
1/7
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850 N Telegraph Rd
Dearborn, MI 48128


HIGHLIGHTS

  • 6,500 SF free-standing former bank branch on 1.00 acre
  • Hard corner of Telegraph Rd & Sheridan St
  • High-visibility location with 54,690 daily traffic counts
  • 363 ft frontage on Telegraph Rd; 140 ft on Sheridan St
  • Conveniently located at a signalized intersection on the “going-to-work” side
  • Drive-thru in place; single-tenant

OVERVIEW

Rare opportunity to acquire a ±6,500 SF free-standing former bank branch on a 1.00-acre hard-corner site at the signalized intersection of Telegraph Rd and Sheridan St in Dearborn. The site features 363 ft of frontage on Telegraph Rd — one of metro Detroit’s busiest north/south arterials — plus 140 ft on Sheridan St, on the east (“going-to-work”) side of Telegraph and less than ¾ mile north of Ford Rd. The single-story building was built in 1957 and most recently operated as a Comerica Bank branch. Drive-thru infrastructure is in place and the site offers 60 surface parking spaces (9.23/1,000 SF). Ideal for owner-user, redevelopment, or repositioning for retail, restaurant, medical, or office use, subject to City of Dearborn BA zoning. Prime hard northeast corner at Telegraph Rd & Sheridan St, less than 3/4 mile north of Ford Rd on the morning “going-to-work” (east) side of Telegraph Rd. Located within a densely developed, well-established retail and commercial corridor in Dearborn, Wayne County. The site offers approximately 363 feet of frontage along Telegraph Rd, plus an additional 140 feet on Sheridan Rd, providing outstanding visibility, access, and exposure.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

BA

APN/PARCEL ID

82-09-163-07-004

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.