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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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5550 E Carleton Rd , Palmyra, MI 49268
$239,900
Est. Payment: $1,235.36/mo
0 Bed
1 Bath
3240 Sqft
Status: active | Days on site: 29
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®
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House 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.
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Highlights

Listed by Jeffrey Rising , 517-605-1286 Cornerstone Real Estate , 734-316-5886. MichRIC

Property Type

Commercial Sale
Lot/Acreage
4.92

Year Built

1975

County

Lenawee

 School District

Blissfield

Listing ID

26028290

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Air Cond:Central Air
Fireplaces:
Other:Well

Exterior Features

Lot:Pond,Waterfront
Principal Interest
$1,235
Taxes
$278

Home Price

$239,900

Loan Details

30 yrs
6.676%

Down Payment

20%
$47,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,235.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,235.36 $277.60 $0.00 $1,512.96
Yearly $14,824.36 $3,331.15 $0.00 $18,155.51
Total $444,730.94 $99,934.50 $0.00 $544,665.44
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Palmyra, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

© 2026 MichRIC