Riverdale, MI
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    Riverdale, MI Bars & Pubs for Sale

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    Elm Hall, MI Elwell, MI Vestaburg, MI
    Historical Tavern with Rental Potential
    $399,900
    6,560 SF

    Historical Tavern with Rental Potential

    6681 N Lumberjack Road, Riverdale, MI 48877

    Turnkey restaurant/tavern with rental potential in central Michigan.

    • Award‑winning restaurant/tavern with a strong reputation, a "Keepin' It Local In The 989" winner in 2025 & 2026.
    • Turnkey operation includes all existing equipment and fixtures.
    • Significant space: Over 4,000 sq. ft. on the main level with an additional 2,000+ sq. ft. of rental potential above.
    • Recent upgrades include a new outdoor bar & fencing (2024), updated septic system, and Generac generator (2025).
    • Includes licenses: Class C Sunday Sales license and non‑transferrable lottery license.
    Updated: Feb 26
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    Historic Tavern with Award-Winning Fish
    $399,900
    4,000 SF

    Historic Tavern with Award-Winning Fish

    Riverdale, MI 48877

    Turnkey restaurant/tavern with rental potential and updated amenities.

    • Award‑winning fish fry business with proven success (2025 & 2026 awards).
    • Turnkey restaurant/tavern with all existing equipment included.
    • Substantial square footage: Over 4,000 sq. ft. on the main level with an additional 2,000+ sq. ft. of rental potential upstairs.
    • New outdoor bar and fencing added in 2024, including a tent for events.
    • Updated septic system and Generac generator installed in 2025.
    Updated: Apr 26
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Riverdale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Bar and Restaurant Opportunity
    $565,000
    1,571 SF

    Turnkey Bar and Restaurant Opportunity

    Established bar and grill with loyal customer base in Clare.

    114 W 4th Street, Clare, MI 48617
    View details
    Turn Key Restaurant/Bar Opportunity
    $355,000
    6,600 SF

    Turn Key Restaurant/Bar Opportunity

    6600 sq ft restaurant/bar with Class "C" liquor license.

    Midland, MI 48640
    View details
    Turn Key Restaurant and Bar
    $355,000
    6,600 SF

    Turn Key Restaurant and Bar

    Turn key restaurant and bar opportunity in Midland, Michigan.

    430 W ISABELLA, Midland, MI 48640
    View details
    Turnkey Bar & Grill Opportunity
    $565,000
    1,571 SF

    Turnkey Bar & Grill Opportunity

    Established bar and restaurant with loyal customer base and outdoor patio.

    114 W 4th Street, Clare, MI 48617
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Turnkey Restaurant with Waterfront Views
    $774,000
    5,136 SF

    Turnkey Restaurant with Waterfront Views

    Profitable restaurant with waterfront views and seating in Cadillac, MI.

    2403 Sunnyside Drive, Cadillac, MI 49601
    View details
    Turnkey Restaurant with Waterfront Views
    $774,000
    5,136 SF

    Turnkey Restaurant with Waterfront Views

    Profitable restaurant with waterfront views and seating for over 5000.

    2403 Sunnyside Drive, Cadillac, MI 49601
    View details
    Harbor West Marina Boat Slip
    $110,000

    Harbor West Marina Boat Slip

    30' boat slip in Traverse City's Harbor West Marina.

    12755 S MARINA VILLAGE DRIVE, Traverse City, MI 49684
    View details
    Elkhart Commercial Land Opportunity
    $330,000
    1.93 Acres

    Elkhart Commercial Land Opportunity

    1.93 acres of B-2 zoned land in Elkhart, Indiana.

    21835 State Road 120, Elkhart, IN 46516
    View details

    Riverdale, MI Bars & Pubs Investment Opportunities Market Analysis

    Explore 2 bars & pubs for sale in Riverdale, MI on our real estate platform. These investment opportunities span a total of 10,560 square feet of properties for sale, with an estimated market value of $799,800.

    Sale prices for pubs in Riverdale, MI start at $399,900, averaging $399,900, and reaching up to $399,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Bars & Pubs 2
    Conventional restaurants 1

    Demographics Overview

    Population 2,078
    Population Growth (5Y) -11.4%
    Median Household Income $57,222
    College Educated 12.1%

    High-Yield Neighborhoods for Investment

    Identify Riverdale submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    48877 $399.9K

    Taxes & Financing

    Tax Rate (average for all types) 4.00%
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

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