Live - Work Space

Palmyra, MI Live-work Space for Sale

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Mixed-Use Property with Private Apartment
Updated: Jun 9
Mixed-Use Property with Private Apartment

5550 E Carleton Road, Palmyra, MI 49268

$234,900
3,240 sqft 4.92 AC lot
4.92 acres with a 3,240‑square‑foot mixed‑use property
45x72 building with over 2,400 sq ft of commercial space
Attached apartment with separate HVAC system
2‑phase power, half bath, and 5‑ton AC with dual units
Fenced pond stocked with bluegill and catfish
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Mixed-Use Property with Pond
Updated: Sep 2
Mixed-Use Property with Pond

5550 E Carleton Road, Palmyra, MI 49268

$234,900
4.92 AC lot
4.92‑acre mixed‑use property with commercial building and apartment
45x72 building with over 2,400 sq ft of commercial space
2‑phase power and dual‑unit 5‑ton AC system
Attached apartment with separate HVAC
Fenced pond stocked with bluegill and catfish
View details
See hot listings in Palmyra

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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2 active listings match your search: Live-Work for sale in Palmyra, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Mixed-Use Property
Historic Mixed-Use Property

505 Wildwood Avenue, Jackson, MI 49201

$525,000
6,357 sqft 0.30 AC lot

Brick downtown property with preserved historic character, flexible interior configuration, and substantial system and accessibility updates.

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Live-Work Property with Finished Garage
Live-Work Property with Finished Garage

13465 Horning Road, Brooklyn, MI 49230

$350,000
2,124 sqft 3.03 AC lot

A residence and climate-controlled garage provide separate spaces for living and work-related use.

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Live-Work Property with Finished Garage
Live-Work Property with Finished Garage

Brooklyn, MI 49230

$350,000
3.00 AC lot

A three-bedroom residence pairs with an insulated garage equipped with heating, cooling, and a bathroom.

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Mixed-Use Property with Salon
Mixed-Use Property with Salon

205 N W Avenue, Jackson, MI 49201

$194,900
0.19 AC lot

Two-level building combines an operating salon with a separately accessed residential apartment.

View details

Palmyra, MI Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Palmyra, MI on our real estate platform. These investment opportunities span a total of 3,240 square feet of properties for sale, with an estimated market value of $469,800.

Sale prices for live-work properties in Palmyra, MI average $234,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,026
Population Growth (5Y) -15.4%
Median Household Income $87,250
College Educated 24.9%

High-Yield Neighborhoods for Investment

Identify Palmyra submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49268 $234.9K

Taxes & Financing

Tax Rate (average for all types) 3.42%
Property Tax per SF $78.02 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lenawee County

New Delisted

Total CRE Inventory on Market (SF)

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