5550 E Carleton Road Palmyra, MI $ 245,000
5550 E Carleton Road
$ 245,000
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5550 E Carleton Road

Palmyra, MI, 49268
$ 245,000
Bedrooms-- Baths-- Sq 3,240

Monthly Estimate*

$ 1,509

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Commercial Property for sale in Palmyra, MI

for $245,000. This 3,240 square foot building was built in 1975 on a lot size of 4.92.

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.

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Commercial Active

Price

$ 245,000

Property Type

Commercial

Taxes

$ 3,331

Style

Commercial/Industrial

Lot Size

4.92

Year Built

1975

Town/City

Palmyra

County/Region

Lenawee

MLS | Web ID

70537978

Features
General
Heating Forced Air
Status Active Active
Year Built 1975
County Lenawee
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Other/See Remarks
Municipality Palmyra Twp
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Palmyra Twp (46014)
Primary City Palmyra
Directions corner of 223 and Carleton
City Palmyra
Financial Terms Cash Conventional
Legal Description 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
DOM 2
Postal Code 49268
Price Per Sq Ft Total AG 75.62
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
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Exterior
Exterior Steel
Frontage 982
Body of Water Private Pond
Lot Size Area 4.92
Lot Dimensions 982x349x399
Water Features Pond Water View
Roads City/County
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Jeffrey Rising

Listing Agent

Cornerstone Real Estate

Broker

jeff@therisingteam.com

Email

Affordability Calculator

$1,786
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,509
Monthly Property Taxes
$278
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$245,000 Listed Price

Map


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5550 E Carleton Road, Palmyra, MI, 49268 is a Commercial Property for sale at $245,000 with 3,240 sqft and a lot size of 4.92. 5550 E Carleton Road was built in 1975. The property's zip code is 49268 which is in Palmyra, MI