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Restaurant Building with Apartment
For Sale
$389,900

7641 S Croton Hardy Drive, Newaygo, MI 49337

COMMERCIAL - Newaygo, MI

Property Size1,639 SF
Lot Size0.20 Acres
Price / SF$237.89
Days on Market22

Property Features for 7641 S Croton Hardy Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description commercial-res
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Interior features Broadband
Elementary school district Newaygo
Middle school district Newaygo
High school district Newaygo
Directions M-37 to S Croton Hardy Drive. Go east on S Croton Hardy Drive to address.
Standard status Active
APN 622008183001
Size 1,639 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Lot 7 Riverview
Tax Annual Amount 4483
Legal Description Lot 7 Riverview

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air
Water source Well
Water front features Lake
Water front 1

Building Details

Year built 1998
Number of units 2
Building materials Block, Vinyl Siding
Roof type Composition
Listing Agency: Trinity Group Real Estate
Listed By: Katrina A Lockard
Added: Jul 31 Changed: Aug 5 Last Checked: Aug 21 at 9:06AM
MLS# 26039720

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,639-square-foot restaurant property includes a food-service area on the main level and a remodeled two-bedroom apartment above. The lower level was renovated in 2018 and retains infrastructure for ovens, fryers, grills, fans, and exhaust. Existing ice cream equipment is negotiable. The building has forced-air heat, central air, block and vinyl siding, a composition roof, well water, and a septic system.

The upper residence was rebuilt from the studs in 2024 and includes a kitchen, dining and living areas, full bathroom, and laundry. Lake access across the street reaches Croton Pond, while the property sits next to a township campground and near a public beach. Two boat launches are within one mile.

Key Highlights

  • 1,639‑square‑foot building with restaurant space and a two‑bedroom upper‑level apartment
  • Main level retains ovens, fryers, grills, fans, and exhaust infrastructure
  • Upper apartment rebuilt from the studs in 2024

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Dental Office Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Marathon Shops & Services
1,630 visits/mo 0.4 miles

Demographics for 49337, MI

12,854
Population
6,688
Households
1.9
Avg Household Size
44
Median Age
18%
College-Educated
90%
High-School Grad
110.3 sq mi
ZIP Area
117
Density / Sq Mi
$64,442
Median Household Income
$38,034
Median Earnings
$1,021
Median Rent
$191,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Food-service building with renovated living quarters and lake access across the street.
Where is this conventional restaurant located?
The property is located at 7641 S Croton Hardy Drive Newaygo, MI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 1,639‑square‑foot building with restaurant space and a two‑bedroom upper‑level apartment; Main level retains ovens, fryers, grills, fans, and exhaust infrastructure; Upper apartment rebuilt from the studs in 2024
More about this property
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