5550 E Carleton Road, Palmyra, MI 49268 (MLS# 26046661)

5550 E Carleton Road, Palmyra, MI 49268

$234,900

Property Type: Land Lot Size (sq. ft.): 184,259 Status: Active

Current Price: $234,900 List Date: 9/02/2026 Last Modified: 9/17/2026

Overview

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.

Listing Details MLS# 26046661

Location Property Info

County: Lenawee
Street #: 5550
Street Direction: E
Street Name: Carleton
Suffix: Road
State: MI
Zip Code: 49268
Zip (4): 9751

General Property Info

Property Sub-Type: Commercial Land
Lot Measurement: Acres
Lot Square Footage: 184259
Lot Acres: 4.92
Lot Dimensions: 982x349x399
Road Frontage: 982
Waterfront: Yes
Body of Water: Private Pond
School District: Blissfield
Statewide Lakes & Rivers: Private Pond

Tax Info

Tax ID #: PA0-116-4550-00 & PA0-116-4600-00
Taxable Value: 64448
SEV: 73600
For Tax Year: 2025
Seller's Annual Property Tax: 3331.15
Tax Year: 2025
Spec Assessment & Type: none

Waterfront Options

Water Access Y/N: Yes
Water Frontage: 20

More Information

Property Features

Water Type: Pond Current Use: Commercial; Residential Other Structures: Pole Barn Street Type: Public Util Avail at Street: None Utilities Attached: Electricity Connected; Natural Gas Connected Sewer: Public Sewer Water: Well Terms Available: Cash; Conventional Mineral Rights: Yes Sale Conditions: None Possession: Close Of Escrow; Subject To Tenant Rights

Listing Office: Cornerstone Real Estate

Listing Agent: Jeffrey Rising

Last Updated: September - 17 - 2026

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