About This Home

This 0-bedroom, 1-bathroom commercial at 5550 E Carleton Road in Palmyra, MI is listed for $234,900 ($73 per sqft). Built in 1975, the home offers 3,240 sqft of living space on a 4.92 acres lot.

Key Features

  • Built in 1975
  • 4.92 acre lot
  • Waterfront

Property Details

1 full
1975

Amenities

WaterfrontA/C
Listing Description

Endless Potential on nearly 5 Acres: Commercial-Grade Building plus Private Apartment and Stocked Pond! Discover a rare and versatile property offering the perfect blend of commercial utility, residential comfort, and outdoor serenity. At the heart of the property is a massive 45x72 building, featuring over 2,400 sq ft of premium commercial space.

This main facility is fully equipped for business, hobbies, or storage, boasting 2-phase power, a convenient half bath, and a powerful 5-ton AC cooling system powered by dual units. Attached yet private, you will find an apartment with separate HVAC, perfect for an owner-operator or rental income.

Enjoy the beautifully fenced pond stocked with bluegill and catfish. Additional highlights include an RV 30-amp hookup with a concrete pad, several mulberry trees, artesian well and municipal sewer. Whether you are looking to launch a business, establish a homestead or secure a unique live-work investment, this property delivers it all.

Monthly Cost Estimate

$1,256/mo

20% down · 6.5% · 30 years

Principal$170
Interest$1,018
Insurance$69

Estimates only. Actual payments may vary.

Location

5550 E Carleton Road

Palmyra, MI 49268

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 5550 E Carleton Road is listed at $234,900 ($73/sqft). The estimated monthly payment is $1,257 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1975, 4.92 acre lot, Waterfront.

This property is listed by Jeffrey Rising.

JR

Jeffrey Rising

Agent at Cornerstone Real Estate

Listed by Cornerstone Real Estate · Broker phone: 734-316-5886 · View on Broker Site

MLS# 26028290· Source: Michigan Regional Information Center, LLC.· 141 days on PropertySimple

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.

5550 E Carleton Road, Palmyra, MI 49268

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