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Former Bank on Five Mile
For Lease
$6,000/Mo

26095 5 Mile Rd, Redford, MI 48239

Prime commercial space with high visibility and versatile interior.

Space SizeContact for details
Property Size3,919 SF
Lot Size0.70 Acres
Days on Market129

Property Features for 26095 5 Mile Rd

General Information

Standard status Active
Size 3,919 SF
Lot size 0.70 Acres
Property subtype Commercial

Building Details

Building Size 3,919 SF
Year Built 1955
Listing Agency: EXP Realty Main
Listed By: Al Abdallah
Source: Elliman
Added: Apr 14 Changed: Aug 15 Last Checked: Aug 20 at 12:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty Main

Investment Insights

Based on property information with market context.

This almost 4,000 square foot commercial property, formerly a Comerica Bank, is available for lease. It offers exceptional visibility and expansive on-site parking. The interior is versatile and suitable for a range of business uses. The property features a bold architectural façade, a large glass storefront entry, multiple private offices, open workspaces, conference areas, teller-style partitions, and secure rooms. A full basement provides space for storage or operations. The building has been updated and well-maintained, and includes central air, a fire suppression system, and a security system. It is of durable brick construction. Situated on 0.70 acres with 323 feet of frontage on highly traveled Five Mile Road, the property is located in the heart of Redford Township’s commercial corridor. It is minutes from Telegraph Road (US-24), I-96, and I-696, providing access to major Metro Detroit suburbs. Nearby landmarks include Redford’s municipal district, community parks, and established neighborhoods. The area features a mix of retail and service businesses. The location is ideal for medical, office, retail, financial, or professional services. The site is zoned for multiple commercial uses and offers signage potential and convenient access directly from Five Mile Road. The location has a walk score of 52, a bike score of 46, and a transit score of 39.

Key Highlights

  • Prime location on highly traveled Five Mile Rd with exceptional visibility and 323 ft of frontage.
  • Almost 4,000 sq ft former Comerica Bank with a versatile interior.
  • Expansive on‑site parking and convenient ingress/egress from Five Mile Rd.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Parking Lot & Garage Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby

Demographics for 48239, MI

36,814
Population
14,869
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
93%
High-School Grad
9.5 sq mi
ZIP Area
3,875
Density / Sq Mi
$69,373
Median Household Income
$41,113
Median Earnings
$1,355
Median Rent
$145,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Prime commercial space with high visibility and versatile interior.
Where is this bank located?
The property is located at 26095 5 Mile Rd Redford, MI.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: Prime location on highly traveled Five Mile Rd with exceptional visibility and 323 ft of frontage.; Almost 4,000 sq ft former Comerica Bank with a versatile interior.; Expansive on‑site parking and convenient ingress/egress from Five Mile Rd.
More about this property
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