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5550 Carleton Rd 3,240 SF Flex Building Palmyra, MI 49268 $346,418 CAD ($106.92 CAD/SF)



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 |
-
|
-
|
| Total Expenses |
$15,260,657
|
$4,710.08
|
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 | Lot Size | 4.92 AC |
| Price Per SF | $106.92 CAD | Rentable Building Area | 3,240 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1975 |
| Property Subtype | Light Manufacturing | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Zoning | Commercial - Commercial | ||
| 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
| Parcel Number | PA0-116-4550-00 | Total Assessment | $104,067 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $15,260,657 CAD ($4,710.08 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2026 Payable 2026 |
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
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Presented by
Cornerstone Real Estate, Inc.
5550 Carleton Rd
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