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

5550 E Carleton Road, Palmyra, MI 49268

New Listing
$239,900
Property Type: Land Lot Size (sq. ft.): 184,259 Status: Active
Current Price: $239,900 List Date: 9/02/2026 Last Modified: 9/02/2026

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
Homestead %
0

Waterfront Options

Water Access Y/N
Yes
Water Frontage
20

Location & Property Info

Cross Streets
US 223
Municipality
Palmyra Twp

More Information

Office/Contract Info

Auction or For Sale
For Sale
List Price/Acre
48760.16
Listing Agreement
Exclusive Right To Sell

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 RUNN TH N 399.75 FT TH S 72 40'E 982.12 FT TH S 73 48'W 349.22 FT TO S LI SD SEC TH S 89 04'W 599.34 FT TO POB-4.92 ACRES EX W 200 FT SEC 16

Water Type

Pond
Yes

Water Fea. Amenities

View
Yes

Current Use

Commercial
Yes
Residential
Yes

Other Structures

Pole Barn
Yes

Street Type

Public
Yes

Util Avail at Street

None
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Well
Yes

Terms Available

Cash
Yes
Conventional
Yes

Mineral Rights

Yes
Yes

Sale Conditions

None
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

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
IDX
Listing Office: Cornerstone Real Estate
Listing Agent: Jeffrey Rising
Source MLS Verified
Last Updated: September - 02 - 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.

Scroll to Top