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

7641 S Croton Hardy Drive, Newaygo, MI 49337

Food-service space pairs with renovated living quarters and non-deeded water access across from Croton Pond.

Property Size1,639 SF
Days on Market22

Property Features for 7641 S Croton Hardy Drive

General Information

Standard status Active
Size 1,639 SF
Property subtype Business Opportunity

Taxes and HOA fees

Annual Taxes $4,483

Building Details

Building Size 1,639 SF
Year Built 1998
Units 2
Listing Agency: Trinity Group Real Estate
Listed By: Katrina A Lockard
Source: Phgrealty
Added: Jul 31 Changed: Aug 17 Last Checked: Aug 20 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Group Real Estate

Investment Insights

Based on property information with market context.

This mixed-use building combines an operating ice cream shop on the main level with a renovated two-bedroom apartment above. The commercial space is configured for food service and retains infrastructure for ovens, fryers, grills, fans, and exhaust. Existing ice cream equipment is negotiable. The lower level was remodeled in 2018, while the upper floor was rebuilt from the studs in 2024 and includes a kitchen, dining and living areas, full bathroom, and laundry.

The property is next to the township campground and sits a short distance from the public beach. Non-deeded water access is available across the street on Croton Pond, with two boat launches within 1 mile. The address is 7641 S Croton Hardy Drive in Croton Township, Michigan. Built in 1998, the property supports continued food-service use alongside residential occupancy, subject to verification of zoning, licensing, short-term rental regulations, water-access rights, and permitted uses.

Key Highlights

  • Main level currently operates as an ice cream shop with food‑service infrastructure
  • Two‑bedroom upper‑level apartment rebuilt from the studs in 2024
  • Lower level remodeled in 2018; ovens, fryers, grills, fans, and exhaust remain

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.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Food-service space pairs with renovated living quarters and non-deeded water access across from Croton Pond.
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: Main level currently operates as an ice cream shop with food‑service infrastructure; Two‑bedroom upper‑level apartment rebuilt from the studs in 2024; Lower level remodeled in 2018; ovens, fryers, grills, fans, and exhaust remain
More about this property
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