6801 Telegraph Rd 4,227 SF Retail Building Bloomfield Hills, MI 48301 $2,250,000 ($532.29/SF)

This former bank branch offers a unique opportunity in the highly desirable Bloomfield Hills corridor along Telegraph Road. Located at the signalized intersection of Telegraph and Fairlane Drive, the property provides excellent frontage, dual curb cuts, and convenient access to Maple Road, ensuring strong connectivity within one of Metro Detroit’s most sought-after trade areas. The building sits on a 0.96-acre parcel and features 28 dedicated parking spaces, supporting a variety of potential uses such as retail, office, or adaptive reuse applications.
Zoned B-1 Local Business, the property aligns with multiple commercial and mixed-use possibilities, making it an attractive investment for both owners and developers. Bloomfield Hills’ limited availability of comparable sites and the surrounding affluent residential base create strong barriers to entry for newcomers, further enhancing long-term value.
The area is characterized by exceptional demographics, with an average household income of approximately $228,000 within a three-mile radius and a well-educated consumer base. Nearby amenities include Trader Joe's, Bloomfield Plaza, and multiple dining and banking establishments. With over 59,000 vehicles passing daily on Telegraph Road and proximity to major arterial routes, this property represents an outstanding opportunity for redevelopment or repositioning within one of Michigan’s most exclusive communities.