7221 S Croton Hardy Drive, Newaygo, MI 49337

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$695,000

bedrooms

bathrooms

square feet

2,907

Acreage

2.63

Open Houses

year built

1986

Full Baths

Half Baths

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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.

Location
Subdivision	River Forest
County	Newaygo
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 25000151

Listing agent: Donald O Dowland

Listing broker: Lpt Realty (650) 543-2753

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Last update: Tuesday, April 22 2025 at 3:25 p.m. EDT

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