For Sale
$850,000

3461 Telegraph Rd Dearborn, MI 48124

Vacant 3,541 SF retail space; prime location.

Overview

Added:
Dec 11, 2024
Days on market:
133
Exceptional investment opportunity in Dearborn, Michigan, presenting a vacant 3,541 square foot retail space ideally situated on heavily trafficked Telegraph Road, boasting over 50,000 vehicles daily. This single-story, 1950-built building sits on a 0.52-acre lot and offers 28 on-site parking spaces, a significant advantage for customers. Previously occupied by a bank, the property features a convenient drive-up window, adding versatility for potential tenants. The asking price is $850,000, translating to $240.05 per square foot. Its location within a densely populated area, surrounded by numerous national retailers, ensures high visibility and strong foot traffic. This property is perfect for a variety of uses, including but not limited to a bank, restaurant, or storefront retail operation. The building's history and existing infrastructure provide a solid foundation for a successful business venture. This is a rare opportunity to acquire a high-traffic retail space in a thriving commercial corridor. The property is currently vacant and ready for immediate occupancy.

Highlights

  • $850,000 asking price for this 3,541 SF vacant retail property.
  • Located at 3461 S Telegraph Rd, Dearborn, MI 48124, in a high-traffic area exceeding 50,000 cars daily.
  • Features 28 on-site parking spaces and a former drive-up bank window.
  • The property is a single-story, 3,541 square foot building on a 0.52-acre lot, built in 1950.
  • Broker co-op is available.

Property Details for 3461 Telegraph Rd

Property type
Retail properties, Restaurants
Square Feet
3,541 SF
Year Built
1950
Buildings
1
Stories
1
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Dearborn
County
Wayne
State
Michigan
Latitude
42.285698
Longitude
-83.2704614

FAQs

What type of property is this?
Retail property - Vacant 3,541 SF retail space; prime location.
Where is the retail property located?
The property is located at 3461 Telegraph Rd Dearborn, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price for this 3,541 SF vacant retail property.; Located at 3461 S Telegraph Rd, Dearborn, MI 48124, in a high-traffic area exceeding 50,000 cars daily.; Features 28 on-site parking spaces and a former drive-up bank window.
How can I contact the broker?
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3461 Telegraph Rd
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