Flex Building With Private
For Sale
$239,900
5550 E Carleton Road, Palmyra, MI 49268
COMMERCIAL - Palmyra, MI
Property Size3,240 SF
Lot Size4.92 Acres
Price / SF$74.04
Days on Market52
Property Features for 5550 E Carleton Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Blissfield
Middle school district
Blissfield
High school district
Blissfield
Directions
corner of 223 and Carleton
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
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
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
(734) 316-5886
Listed By:
Jeffrey Rising · License #LCAR-6502365182
(517) 605-1286
Added: Jun 9
Changed: Jul 8
Last Checked: Jul 30 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.
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
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49268, MI
1,047
Population
452
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
97%
High-School Grad
22.9 sq mi
ZIP Area
46
Density / Sq Mi
$87,250
Median Household Income
$42,438
Median Earnings
$165,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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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.
