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Mixed-Use Building with Apartment
For Sale
$389,900

7641 S Croton Hardy Drive, Newaygo, MI 49337

Commercial Sale, Newaygo, MI

Property Size1,639 SF
Lot Size0.20 Acres
Price / SF$237.89
Days on Market68

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

Amenities

water access
near campground
near public beach
boat launches

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: Sep 7 Last Checked: Oct 6 at 12:06AM
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 mixed-use property combines a food-service business area with an upper-level residence. The lower floor was remodeled in 2018 and retains restaurant infrastructure, including provisions for ovens, fryers, grills, fans, and exhaust. Existing ice cream equipment is negotiable. The upper level was rebuilt to the studs in 2024 and includes two bedrooms, a kitchen, dining and living areas, a full bathroom, and laundry. The building was constructed in 1998 and includes forced-air heating, central air, a well, and septic service.

The property sits beside a township campground and near a public beach, with non-deeded water access across the street on Croton Pond. Two boat launches are within one mile. The configuration supports continued ice cream operations, another food-service use, or an owner-operator arrangement with living space above the business, subject to verification of zoning, licensing, permitted uses, short-term rental regulations, and water-access rights.

Key Highlights

  • 1,639‑square‑foot mixed‑use building on a 0.2‑acre lot
  • Lower level remodeled in 2018 with restaurant infrastructure for ovens, fryers, grills, fans, and exhaust
  • Upper level taken to the studs and renovated in 2024

Property Analytics

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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

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
2k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Food-service space with a renovated two-bedroom residence and lake access across the street.
Where is this mixed-use property 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 mixed‑use building on a 0.2‑acre lot; Lower level remodeled in 2018 with restaurant infrastructure for ovens, fryers, grills, fans, and exhaust; Upper level taken to the studs and renovated in 2024
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