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Free-Standing Former Bank Branch
For Sale
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850 North Telegraph Road, Dearborn, MI 48128

Single-story former bank with drive-thru infrastructure and ample surface parking on a signalized hard corner site.

Property Size6,500 SF
Lot Size1.00 Acre
Days on Market69

Property Features for 850 North Telegraph Road

General Information

Standard status Active
Size 6,500 SF
Total Parking Spaces 60
Lot size 1.00 Acre
Property subtype Free Standing Building
Zoning BA

Additional Details

Traffic Count 54,690 vehicles/day

Building Details

Building Size 6,500 SF
Year Built 1957
Stories 1
Listing Agency: P.A. Commercial Corporate & Investment Real Estate
Listed By: Matthew Schiffman · License #6501364824
Source: Thebrokerlist
Added: Jun 3 Changed: Aug 8 Last Checked: Jun 5 at 2:42AM

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 P.A. Commercial Corporate & Investment Real Estate

Investment Insights

Based on property information with market context.

This 6,500 SF, single-story former bank branch sits on a 1.00-acre hard-corner site and was built in 1957. The property includes drive-thru infrastructure and 60 surface parking spaces, supporting a variety of commercial uses. With its existing bank configuration and established site improvements, it can serve as an owner-user facility or be repositioned for other active concepts.

The site is positioned at a signalized intersection on Telegraph Rd and Sheridan St in Dearborn, on the east (“going-to-work”) side of Telegraph Rd. It offers approximately 363 feet of frontage along Telegraph Rd and an additional 140 feet on Sheridan St, with convenient access provided by the intersection. The property is less than 3/4 mile north of Ford Rd and is located within a densely developed retail and commercial corridor.

The building is suited for tenants and buyers seeking a prominent, free-standing footprint for retail, restaurant, medical, or office use, subject to City of Dearborn BA zoning. Its combination of corner frontage, drive-thru capability, and readily available parking supports day-to-day customer access and operational flexibility.

Key Highlights

  • 6,500 SF single‑story former bank branch on a 1.00‑acre hard‑corner site
  • Signalized intersection location at Telegraph Rd & Sheridan St (east side of Telegraph)
  • 363 ft of frontage on Telegraph Rd plus 140 ft on Sheridan St

Property Analytics

Current Use

Comerica Bank Bank Big Reds BBQ ... Restaurant

Suggested Use

Top Pick Gym & Fitness Center Grocery & Convenience Store Electrical Service Nail Salon Garden Center (Bike/Boat/Book/etc) 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

54,690 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby

Demographics for 48128, MI

11,641
Population
4,589
Households
2.5
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,061
Density / Sq Mi
$98,362
Median Household Income
$44,699
Median Earnings
$1,556
Median Rent
$236,900
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 - Single-story former bank with drive-thru infrastructure and ample surface parking on a signalized hard corner site.
Where is this bank located?
The property is located at 850 North Telegraph Road Dearborn, MI.
What are key features of this property?
This property features: 6,500 SF single‑story former bank branch on a 1.00‑acre hard‑corner site; Signalized intersection location at Telegraph Rd & Sheridan St (east side of Telegraph); 363 ft of frontage on Telegraph Rd plus 140 ft on Sheridan St
More about this property
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