$234,900
( $72.50Per Sq Foot )
 $1,261 est/mo Sourced by Back At You
Source MLS Verified

5550 E Carleton Road,Palmyra, MI 49268

Palmyra, MI 49268

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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

MLS #26028290
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1975
Days On Site106
Listing Provided ByCornerstone Real Estate | Jeffrey Rising

Features

Bath(s) 1 Total
SQ Feet3,240
Story(s)1080
Units2
Building(s)1
Acreage4.92
Water FrontPond

Taxes

Property3331

Area Information

StateMI
CountyLenawee
CityPalmyra
Zip Code49268
School DistrictBlissfield
High SchoolBlissfield
Listing VS Median (in 49268)
Price:
$234,900
low | high
Med:
$207,400
61.707109408259% of Average
sqft:
3,240
low | high
Med:
2,139
83.996913580247% of Average
$ / sqft:
$73
low | high
Med:
$123
19.642203970339% of Average
On site:
106
low | high
Med:
80
100% of Average
Sourced by Back At You

Market Activity 49268

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Learn More About This Property

StateMI
CountyLenawee
CityPalmyra
Zip Code49268
School DistrictBlissfield
High SchoolBlissfield
Listing VS Median (in 49268)
Price:
$234,900
low | high
Med:
$207,400
61.707109408259% of Average
sqft:
3,240
low | high
Med:
2,139
83.996913580247% of Average
$ / sqft:
$73
low | high
Med:
$123
19.642203970339% of Average
On site:
106
low | high
Med:
80
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $176K - $293K
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
5550 E Carleton Road Property Photo 1
$234,900
5550 E Carleton Road
Palmyra, MI 49268
Listing Updated: September 17, 2026 at 3:30:25 PM PDT