23055 Telegraph Rd, Southfield, MI 48033-4105

This exceptional 4,438 square foot retail property, formerly a Bank of America branch, presents a unique investment opportunity in Southfield, Michigan. Located at 23055 Telegraph Rd, this 1.66-acre site boasts a highly desirable B-3 zoning classification and has already received site plan approval for a car wash, significantly streamlining the development process. The asking price is $1,995,000, translating to $449.53 per square foot. The property's prime location on Telegraph Road, just north of 9 Mile Road, ensures high visibility and accessibility, making it ideal for a variety of commercial uses beyond the approved car wash. Given its strategic location and existing approvals, this property offers significant potential for immediate development or a lucrative ground lease arrangement. The property's history as a well-established financial institution adds to its appeal, providing a solid foundation for future success. Detailed site plans and zoning information are readily available. This is a rare opportunity to acquire a turnkey property in a thriving commercial corridor. Serious inquiries are encouraged.