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    Palmyra, MI Live-work Space for Sale

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    Adrian, MI Blissfield, MI Jasper, MI
    Live-Work Building with Stocked Pond
    $245,000
    3,240 SF
    Live-Work Building with Stocked Pond

    5550 E Carleton Road, Palmyra, MI 49268

    Versatile commercial-grade building with a private apartment, fenced stocked pond, and RV power for flexible owner-operator use.
    • 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.
    • Stocked, fenced pond with bluegill and catfish.
    • RV 30‑amp hookup on a concrete pad.
    Updated: Jun 9
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    Live-Work Industrial Building
    $245,000
    2,400 SF
    Live-Work Industrial Building

    5550 E Carleton Road, Palmyra, MI 49268

    Commercial-grade building with an attached private apartment, fenced stocked pond, and RV-ready hookup for flexible owner-operator use.
    • 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
    • Fenced pond on site stocked with bluegill and catfish
    • RV‑ready with a 30‑amp hookup and concrete pad
    Updated: Jun 6
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Palmyra, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Historic Mixed-Use Building
    $550,000
    6,357 SF
    Historic Mixed-Use Building

    Four-level historic property with preserved original details, updated systems, and flexible zoning for multiple income and business uses.

    505 Wildwood Avenue, Jackson, MI 49201

    View details
    Turnkey Jackson Icon Business Opportunity
    $500,000
    4,754 SF
    Turnkey Jackson Icon Business Opportunity

    Turnkey business with live performance potential and living quarters.

    300 W North Street, Jackson, MI 49202

    View details
    Historic Live-Work Building
    $229,000
    Historic Live-Work Building

    Two-unit historic building offers potential for storefront or office use with residential space above.

    1124 McKinstry St, Detroit, MI 48209

    View details
    Mixed-Use Building in Detroit
    $74,900
    0.09 Acres
    Mixed-Use Building in Detroit

    Two-unit building with commercial zoning and adjacent vacant lot.

    20331 Fenkell Street, Detroit, MI 48223

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kalamazoo Land For Sale
    $55,000
    0.16 Acres
    Kalamazoo Land For Sale

    Land zoned Live Work 1 with downtown views.

    209 E North Street, Kalamazoo, MI 49007

    View details
    Land in Jackson Center, OH
    $59,900
    0.27 Acres
    Land in Jackson Center, OH

    Commercial land suitable for business with residential potential in Jackson Center.

    406 E Pike Street, Jackson Center, OH 45334

    View details
    Grand Rapids Retail Opportunity
    $1,475,000
    7,316 SF
    Grand Rapids Retail Opportunity

    Retail property in growing Grand Rapids market with development potential.

    407 Turner Avenue NW, Grand Rapids, MI 49504

    View details
    Corner Development Lot with C2 Zoning
    $1,495,000
    0.20 Acres
    Corner Development Lot with C2 Zoning

    Corner lot zoned C2 in Carmel’s Arts & Design District, suitable for live/work or mixed-use development plans.

    41 1st Avenue SW, Carmel, IN 46032

    View details

    Palmyra, MI Live-Work Space Investment Opportunities Market Analysis

    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 $245,000.

    Sale prices for live-work properties in Palmyra, MI start at $245,000, averaging $245,000, and reaching up to $245,000 — 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%

    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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