5550 E Carleton Road, Palmyra, MI 49268

Building Details

Year Built

1975

Listing agent Cornerstone Real Estate

Listing office j***@therisingteam.com Show Phone

Listing date Jun 6, 2026

Source Xome

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Overview

This live-work property centers on a massive 45x72 commercial-grade building offering more than 2,400 sq ft of premium space. The facility is described as fully equipped for business, hobbies, or storage, with 2-phase power, a half bath, and a 5-ton AC cooling system powered by dual units. Attached yet private, there is an apartment with separate HVAC, suited for an owner-operator setup or independent occupancy.

Set on nearly 5 acres, the outdoor portion includes a beautifully fenced pond stocked with bluegill and catfish. Additional site features mentioned include an RV 30-amp hookup with a concrete pad, several mulberry trees, an artesian well, and municipal sewer.

For tenants, buyers, or operators looking for a single property that can support commercial activities while also providing residential space, the combination of dedicated commercial improvements, separate apartment comfort, and purpose-built outdoor amenities may fit a range of owner-operator and flexible use scenarios. The layout also supports business-and-storage needs while keeping living quarters distinct.

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Palmyra

County

Lenawee

State

Michigan

Longitude

-83.95148

Latitude

41.862434

FAQs

What type of property is this?

Live-work space - Commercial-grade building with an attached private apartment, fenced stocked pond, and RV-ready hookup for flexible owner-operator use.

Where is this live-work 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 $245,000.

What are key features of this property?

This property features: Nearly 5‑acre property featuring a massive 45x72 commercial‑grade building with over 2,400 sq ft of space; Building includes 2‑phase power, a half bath, and a 5‑ton AC system with dual units; Attached private apartment with separate HVAC for owner‑operator use or rental potential