139 Edgewood Place Ferndale, MI $ 240,000
139 Edgewood Place
$ 240,000
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139 Edgewood Place

Ferndale, MI, 48220
$ 240,000
Bedrooms-- Baths-- Sq 1,100

Monthly Estimate*

$ 1,658

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Commercial Property for sale in Ferndale, MI

for $240,000. This 1,100 square foot building was built in 1922 on a lot size of 0.09.

Unique commercial opportunity in a prime Ferndale location just west of Woodward! Formerly used as a two-family residential property, this commercially zoned property offers a variety of potential uses and possibilities for its next owner. Ideal for an office, massage therapy, spa, professional services, or a variety of other business ventures. The existing layout offers flexibility, with the potential to utilize one unit commercially and the other residentially, or convert both units to commercial or residential use, subject to buyer verification and applicable city approvals. Additional possibilities may include redevelopment or expanding upward, with the vision of a storefront on the main level and apartments or lofts above. Seller previously explored plans and ideas that received approval; buyers are encouraged to verify the status, feasibility, zoning, permitted uses, and any development requirements directly with the City of Ferndale. The property offers plenty of charm and character, with pride of ownership evident throughout. Numerous updates include plumbing and electrical improvements, newer windows, and a furnace less than one year old with City of Ferndale permits. Brand-new carpet was recently installed in the lower unit bedrooms, and all appliances are included in the sale. A truly unique property offering flexibility, character, and outstanding potential in a desirable location. Bring your vision and explore the possibilities! Seller is the listing agent. Sq.ft source is estimated.

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Commercial Active

Price

$ 240,000

Property Type

Commercial

Taxes

$ 2,020

Style

RealEstateOnly

Lot Size

0.09

Year Built

1922

Town/City

Ferndale

County/Region

Oakland

MLS | Web ID

20261089130

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick Other VinylSiding WoodSiding
Year Built 1922
Levels Two
Property Subtype RealEstateOnly
Current Use Commercial MultiFamily Residential
Business Type Commercial ProfessionalOffice Residential Retail
County Oakland
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ADOLPH SLOMANS WOODWARD BLVD
Garage Y/N N
Status Active
Directions North of 8 Mile / West of Woodward
City FerndaleCity_Oakland
Disclosures NonConformingZoning NoRestrictions
Senior Community Y/N N
High School District Ferndale
Zoning Description Commercial MultiFamily Multiple Residential
MLS Area Area02258Ferndale
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2020.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 26700
Expected Active Date 2026-11-06
Legal Description T1N R11E SEC 34 ADOLPH SLOMAN'S WOODWARD BLVD SUB LOT 438 EXC W 3 FT
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Exterior
Parking Features OnStreet Other
Water Source Public
Foundation Details Basement Block BrickMortar
Spa N
Building Area Total 1797.0
Lot Dimensions 35X106.71
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1100.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 139
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* Excluded Features
List By
James T Silver

Listing Agent

Keller Williams Somerset

Broker

(248) 530-7292

Phone

Affordability Calculator

$1,826
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,658
Monthly Property Taxes
$168
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848457 Elementary School
847983 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$240,000 Listed Price

Map


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139 Edgewood Place, Ferndale, MI, 48220 is a Commercial Property for sale at $240,000 with 1,100 sqft and a lot size of 0.09. 139 Edgewood Place was built in 1922. The property's zip code is 48220 which is in Ferndale, MI