Properties for Sale

Find something you like? Contact us.

Save
Ask
Tour
Hide
Share
$695,000
73 Days On Site

7221 S Croton Hardy Drive
Newaygo, MI 49337

For Sale|Business|Active
0
Beds
2
Full Baths
0
Partial Baths
2,907
SqFt
$239
/SqFt
1986
Built
Subdivision:
River Forest
County:
Newaygo
Listing courtesy of Donald O Dowland of LPT Realty
7221 S Croton Hardy Drive7221 S Croton Hardy Drive7221 S Croton Hardy Drive7221 S Croton Hardy Drive
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$3,171
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$695,000
Days On Site 
73 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,907 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
2.63 Acres
Year Built 
1986
MLS® Number 
25000151
Status 
Active
Property Tax 
$6,172
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
2.63
Available on 
2025-06-18
Number Of Stories 
1
Property Sub Type 
Business
Sewer 
Septic Tank
SqFt Total 
2907
Utilities 
Natural Gas AvailablePhone AvailableElectricity AvailableCable AvailablePhone ConnectedNatural Gas ConnectedElectricity ConnectedCable Connected
Water Source 
PrivateWellPublic
Zoning 
201/R-1
Interior Features
Cooling 
Central Air
Heating 
Natural GasForced Air
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Vinyl Siding
Roof 
Metal
Community Features
Financing Terms Available 
ConventionalContractCash
MLS Area 
West Central - W
Roads 
Paved
School District 
Newaygo
Township 
Croton Twp
Schools
School District
Newaygo
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Donald O Dowland of LPT Realty



Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-03-16 01:49 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share

Compare listings

Compare