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5550 E Carleton Road, Palmyra, MI, 49268
Flex Building With Private Apartment

5550 E Carleton Road Palmyra, MI 49268

For Sale
$239,900

COMMERCIAL - Palmyra, MI

Property Size3,240 SF
Lot Size4.92 Acres
Price / SF$74.04
Days on Market51

Property Features for 5550 E Carleton Road

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Rooms Bathroom 1
Standard status Active
APN PA0-116-4550-00 & PA0-116-4600-00
Size 3,240 SF
Lot size 4.92 Acres

Taxes and HOA fees

Tax Year 2025
Tax 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
Tax Annual Amount 3331

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Well
Water front features Pond
Water front 1

Building Details

Year built 1975
Number of units 2
Listing Agency: Cornerstone Real Estate
Listed By: Jeffrey Rising · License #LCAR-6502365182
Added: Jun 9 Changed: Jul 8 Last Checked: Jul 29 at 3:06PM
MLS# 26028290

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-style property centers on a massive 45x72 building containing over 2,400 sq ft of commercial space. The main facility is described as fully equipped, with 2-phase power, a half bath, and a 5-ton AC cooling system supported by dual units. An attached yet private apartment is included, with separate HVAC, supporting an owner-operator setup or independent residential use.

The property sits on 4.92 acres at 5550 E Carleton Road in Palmyra, MI 49268 within Lenawee County. Outdoor amenities include a fenced pond that is stocked with bluegill and catfish. Additional site features noted in the listing include an artesian well and municipal sewer.

For tenants, buyers, or operators seeking flexible space that can accommodate both business and personal needs, the combination of commercial improvements and a separate residential unit is a practical fit. The listing also notes an RV 30-amp hookup on a concrete pad, along with several mulberry trees, which may appeal to operators who need storage and utilities alongside onsite recreation or seasonal use. The overall configuration supports multiple day-to-day applications for a single owner while keeping residential space distinct.

Key Highlights

  • Nearly 5‑acre property featuring a massive 45x72 building with 2,400+ SF of commercial space.
  • Commercial building is equipped with 2‑phase power and a half bath, plus 5‑ton AC cooling powered by dual units.
  • Attached private apartment includes separate HVAC for owner‑operator living or rental income.

Property Analytics

Property Profile Location Intelligence

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Plumbing Service Grocery & Convenience Store Building Supply Home Appliance Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with separate HVAC apartment, plus outdoor features on 4.92 acres for owner-operator or live-work use.
Where is this flex space located?
The property is located at 5550 E Carleton Road Palmyra, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Nearly 5‑acre property featuring a massive 45x72 building with 2,400+ SF of commercial space.; Commercial building is equipped with 2‑phase power and a half bath, plus 5‑ton AC cooling powered by dual units.; Attached private apartment includes separate HVAC for owner‑operator living or rental income.
More about this property
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