$245,000
5550 E Carleton Road
Palmyra, MI 49268
MLS# 26028290
3240 sqft


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Property Description
Endless Potential on nearly 5 Acres: Commercial-Grade Building plus Private Apartment and Stocked Pond! Discover a rare and versatile property offering the perfect blend of commercial utility, residential comfort, and outdoor serenity. At the heart of the property is a massive 45x72 building, featuring over 2,400 sq ft of premium commercial space. This main facility is fully equipped for business, hobbies, or storage, boasting 2-phase power, a convenient half bath, and a powerful 5-ton AC cooling system powered by dual units. Attached yet private, you will find an apartment with separate HVAC, perfect for an owner-operator or rental income. Enjoy the beautifully fenced pond stocked with bluegill and catfish. Additional highlights include an RV 30-amp hookup with a concrete pad, several mulberry trees, artesian well and municipal sewer. Whether you are looking to launch a business, establish a homestead or secure a unique live-work investment, this property delivers it all.

Details
Maps
Location & Property Info
Cross Streets: US 223
Property Sub-Type: Industrial
Municipality: Palmyra Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 75.62
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 982x349x399
Road Frontage: 982
Waterfront: Yes
Body of Water: Private Pond
Total # Units: 2
Total # Bldgs: 1
# Fin Bldg Lvls: 1080
Total SqFt: 3240
Statewide Lakes & Rivers: Private Pond
School District: Blissfield
Lot Measurement: Acres
Lot Acres: 4.92
Lot Square Footage: 214315
Year Built: 1975
Full Baths: 1
Tax Info
Taxable Value: 64448
SEV: 73600
For Tax Year: 2025
Seller's Annual Property Tax: 3331.15
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: none
Tax ID #: PA0-116-4550-00 & PA0-116-4600-00
Remarks & Misc
Public Remarks: Endless Potential on nearly 5 Acres: Commercial-Grade Building plus Private Apartment and Stocked Pond! Discover a rare and versatile property offering the perfect blend of commercial utility, residential comfort, and outdoor serenity. At the heart of the property is a massive 45x72 building, featuring over 2,400 sq ft of premium commercial space. This main facility is fully equipped for business, hobbies, or storage, boasting 2-phase power, a convenient half bath, and a powerful 5-ton AC cooling system powered by dual units. Attached yet private, you will find an apartment with separate HVAC, perfect for an owner-operator or rental income. Enjoy the beautifully fenced pond stocked with bluegill and catfish. Additional highlights include an RV 30-amp hookup with a concrete pad, several mulberry trees, artesian well and municipal sewer. Whether you are looking to launch a business, establish a homestead or secure a unique live-work investment, this property delivers it all.
Legal: LD BEG AT S 1/4 POST SEC 16 RU NN TH N 399.75 FT TH S 72 40'E 98 2.12 FT TH S 73 48'W 349.22 FT TO S LI SD SEC TH S 89 0
Waterfront Options
Water Frontage: 20
Water Type
Pond: 1
Water Fea. Amenities
View: 1
Street Type
Public: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Well: 1
Uses
Auto Service: 1
Distribution: 1
Manufacturing: 1
Professional Service: 1
Recreation: 1
Storage: 1
Construction Type
Steel: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Other: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Real Estate: 1
Foundation
Slab: 1
Util Avail at St
None: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Other: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Lenawee
Street #: 5550
Street Direction: E
Street Name: Carleton
Suffix: Road
State: MI
Zip Code: 49268
OfficeContract Info
Status: Active
Current Price: $245,000
List Price: $245,000
Listing Date: 2026-06-09
Remarks Misc
Directions: corner of 223 and Carleton
Property Features
Water Type: Pond
Uses: Auto Service; Distribution; Manufacturing; Professional Service; Recreation; Storage
Ownership: Other
Business Includes: Real Estate
Construction Type: Steel
Foundation: Slab
Sewer: Public Sewer
Water: Well
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Public
Purchase Terms Avail: Cash; Conventional; Other
Sale Conditions: None
Possession: Close Of Escrow; Subject To Tenant Rights

IDX
Listing Office: Cornerstone Real Estate
Listing Agent: Jeffrey Rising

Last Updated: June - 10 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.