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7221 S Croton Hardy Drive

Croton Twp, MI 49337
  • $695,000
  • STATUS: Active
  • ON SITE: 108 Days
  • ID#: 65025000151
UPDATED: 48 min ago
$695,000
  • 0
    BEDS
  • 2.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,907
    SQFT
  • $239
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1986
County:
Area:
Zoning:
Commercial,Residential
Lot Size Dimensions:
0

School Ratings & Info

School District:

Description

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 dramatic 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.

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-21T21:59:41.33.
www.prettyhomerealty.com/homes/159133698
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7221 S Croton Hardy Drive Croton Twp, MI 49337

  • Price: $695,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 48 min ago
  • ID#: 65025000151
0
Beds
0
Baths
0
½ Baths
2.63
Acres
2,907
SQFT
$239
$/SQFT
1986
Built
Neighborhood:
River Forest
County:
Newaygo
Area:
Croton Twp
School District:
Newaygo
Property Description
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 dramatic 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.
Exterior Features

Construction Materials FrameVinylWood Lot Size Dimensions 0 Road Frontage Feet 320 Road Frontage Type Paved Roof Material Metal Waterfront Description River FrontShared Water FrontageLake/River Priv Waterfront YN No

Interior Features

Heating Cooling Forced AirCentral Air Heating Fuel Natural Gas Room Count 0

Property Features

Business Licenses Other Commercial Type Business Opportunity Land Contract YN Yes Listing Financing CashContractConventional Ownership Status Private Owned Possession See Remarks Postal City Newaygo Settlement Township Sewer Septic Tank (Existing) Short Sale No Tax Amount Summer 6172.0000 Title Corporate/Relocation Total Tax 6172.0000 Unparsed Address 7221 S Croton Hardy Drive Water Source Well (Existing) Zoning CommercialResidential

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via LPT Realty: (650) 543-2753 and Greater Regional AOR MLS, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-21T21:59:41.33.
 
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