$239,900
Palmyra, MI 49268
MLS# 26046661
1 / 57
Property 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.
Details
Location & Property Info
Cross Streets: US 223
Municipality: Palmyra Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/Acre: 48760.16
Listing Agreement: Exclusive Right To Sell
General Property Info
Property Sub-Type: Commercial Land
Lot Dimensions: 982x349x399
Road Frontage: 982
Waterfront: Yes
Body of Water: Private Pond
Statewide Lakes & Rivers: Private Pond
School District: Blissfield
Lot Measurement: Acres
Lot Square Footage: 184259
Lot Acres: 4.92
Tax Info
Taxable Value: 64448
SEV: 73600
For Tax Year: 2025
Seller's Annual Property Tax: 3331.15
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: none
Tax ID #: PA0-116-4550-00 & PA0-116-4600-00
Remarks & Misc
Public Remarks: 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.
Legal: LD BEG AT S 1/4 POST SEC 16 RUNN TH N 399.75 FT TH S 72 40'E 982.12 FT TH S 73 48'W 349.22 FT TO S LI SD SEC TH S 89 04'W 599.34 FT TO POB-4.92 ACRES EX W 200 FT SEC 16
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 20
Water Type
Pond: 1
Water Fea. Amenities
View: 1
Current Use
Commercial: 1
Residential: 1
Other Structures
Pole Barn: 1
Street Type
Public: 1
Util Avail at Street
None: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Yes: 1
Sale Conditions
None: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Lenawee
Street #: 5550
Street Direction: E
Street Name: Carleton
Suffix: Road
State: MI
Zip Code: 49268
Zip (4): 9751
OfficeContract Info
Status: Active
Current Price: $239,900
List Price: $239,900
Listing Date: 2026-09-02
Property Features
Water Type: Pond
Current Use: Commercial; Residential
Other Structures: Pole Barn
Street Type: Public
Util Avail at Street: None
Utilities Attached: Electricity Connected; Natural Gas Connected
Sewer: Public Sewer
Water: Well
Terms Available: Cash; Conventional
Mineral Rights: Yes
Sale Conditions: None
Possession: Close Of Escrow; Subject To Tenant Rights
Listing Office: Cornerstone Real Estate
Listing Agent: Jeffrey Rising
Last Updated: September - 02 - 2026
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