Bar & Pub

Riverdale, MI Bars & Pubs for Sale

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Riverdale Tavern Bar and Pub
Updated: Feb 26
Riverdale Tavern Bar and Pub

6681 N Lumberjack Road, Riverdale, MI 48877

$375,000
6,560 sqft 0.37 AC lot
6,560‑square‑foot bar and pub property on 0.37 acres
Over 4,000 square feet on the main level with over 2000 square feet above
Antique bar, furnishings, fixtures, and equipment included
Outdoor bar and fencing added in 2024
Event tent included for car shows, bike shows, and fundraisers
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Historic Restaurant and Tavern
Updated: Feb 26
Historic Restaurant and Tavern

Riverdale, MI 48877

$375,000
More than 4,000 square feet on the main level
Over 2000 square feet of additional space above the tavern
Outdoor bar and fencing added in 2024
Generac generator added in 2025
Class C Sunday Sales license
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Riverdale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Bar and Pub with Outdoor Patio
Bar and Pub with Outdoor Patio

114 W 4th Street, Clare, MI 48617

$535,000
1,571 sqft 0.08 AC lot

Full-service indoor bar pairs with an all-season patio for year-round customer seating.

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Restaurant Property with Entertainment Space
Restaurant Property with Entertainment Space

265 W Saginaw Street, Hemlock, MI 48626

$315,000
3,845 sqft

Commercial kitchen, bar, dining room, event area, and patio support restaurant and hospitality operations.

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Turnkey Restaurant and Bar Condo
Turnkey Restaurant and Bar Condo

W 265 W Saginaw Street Unit SourceFi, Hemlock, MI 48626

$315,000
3,845 sqft

Condo in a strip mall with a fully equipped commercial kitchen, bar, 88-seat dining area, and dedicated entertainment space.

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Turnkey Bar & Grill Opportunity
Turnkey Bar & Grill Opportunity

114 W 4th Street, Clare, MI 48617

Contact for pricing
1,571 sqft

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

View details

Riverdale, MI Bars & Pubs Market Trends and Statistics

Explore 2 bars & pubs for sale in Riverdale, MI on our real estate platform. These investment opportunities span a total of 6,560 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for pubs in Riverdale, MI average $375,000 — 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

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Conventional restaurants 2

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 average listing prices of real estate assets

Neighborhood Average Price
48877 $399.5K

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%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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