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Investment Highlights

  • 4.9 Acres on US Highway 223
  • Pond
  • Large Building with 2-bedroom Apartment inside

Executive Summary

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.

Taxes & Operating Expenses (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Taxes $15,260,657 $4,710.08
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026)

Taxes (CAD)
Annual $15,260,657
Annual Per SF $4,710.08
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $15,260,657
Annual Per SF $4,710.08

Property Facts

Price $346,418 CAD
Price Per SF $106.92 CAD
Sale Type Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Lot Size 4.92 AC
Rentable Building Area 3,240 SF
No. Stories 1
Year Built 1975
Tenancy Single
Parking Ratio 1.85/1,000 SF
Zoning Commercial - Commercial
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
PA0-116-4550-00
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$104,067 CAD (2025)
Annual Taxes
$15,260,657 CAD ($4,710.08 CAD/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 40991070

  • Date on Market: 2026-06-19

  • Last Updated:

  • Address: 5550 Carleton Rd, Palmyra, MI 49268

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