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FOR SALE
$695,000

7221 S Croton Hardy Drive
Newaygo, MI 49337

Business Opportunities
Commercial
2
Baths
2,907
Sq. Ft.
2.63
Acre Lot
Courtesy: Donald O Dowland - LPT Realty
Lighthouse Realty> Michigan> Newaygo> 49337
Nestled in the heart of Croton and Hardy Dam, The Red Anchor stands as a well-established restaurant and bar that has earned its place as a community favorite. This is not just a business it's a legacy waiting to expand and grow into something extraordinary. Boasting a full liquor license and a spacious banquet room, The Red Anchor offers a versatile space perfect for private events, gatherings, and celebrations. Step outside to the patio area, where guests can enjoy drinks and dinner while soaking in the serene atmosphere. Currently operating just five hours a day, five days a week, serving only dinner, there is tremendous untapped potential to expand. By increasing business hours, adding lunch and breakfast offerings, or extending the number of days open, you could see a dra matic surge in growth. The demand is already there... it's simply waiting for the right owner to harness it. Beyond the restaurant itself, this property includes additional lots behind the main building, offering a unique opportunity for residential development. These lots are perfectly suited for creating homes, rental properties, or vacation getaways, further leveraging the appeal of this high-demand area. Adding to its allure, the property also has walking water access to Croton Pond, as confirmed by the township supervisor, making it an even more attractive investment. Whether you're a seasoned restaurateur or an aspiring entrepreneur, The Red Anchor offers a rare opportunity to own a thriving business with endless possibilities. Don't miss out on the chance to make this iconic location your own and unlock its full potential. Call today to learn more and schedule your private tour of The Red Anchor-where community, opportunity, and growth converge.
25000151
Commercial - Business Opportunities, 1 Story
2 Full
1986
Newaygo
2.63 Acres
Private Water, Well, Public Water
1
Vinyl Siding
Septic Tank
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Bike Score

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Courtesy: Donald O Dowland - LPT Realty
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