Restaurants

Riverdale, MI Restaurants 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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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 8 Potential Opportunities for your consideration. Besides 1 Active listings in Riverdale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Restaurant with Existing Kitchen
Restaurant with Existing Kitchen

1623 S Mission Street, Mt Pleasant, MI 48858

$1,449,000
5,773 sqft 1.01 AC lot

Former restaurant property beside Central Michigan University with dining, storage, and food-service infrastructure in place.

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Freestanding Quick-Service Restaurant
Freestanding Quick-Service Restaurant

1490 Wright Ave, Alma, MI 48801

$780,771
3,043 sqft 0.73 AC lot

Freestanding KFC secured by a long-term 20-year NNN lease with tenant responsibility for taxes, insurance, and maintenance.

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Mixed-Use Property with Kitchen
Mixed-Use Property with Kitchen

20 E Remus Road, Mt Pleasant, MI 48858

$269,900
2,220 sqft 1.96 AC lot

Two levels include food-service infrastructure and a two-bedroom apartment.

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Burger King Drive-Through Restaurant
Burger King Drive-Through Restaurant

1675 Wright Avenue, Alma, MI 48801

Contact for pricing
2,750 sqft

Remodeled restaurant property featuring an absolute net lease and established occupancy at the site.

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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.

Commercial Land at Highway Corner
Commercial Land at Highway Corner

7900,7990,7996 N Alger Road, Alma, MI 48801

$2,100,000
8.00 AC lot

Commercially zoned corner site with municipal sewer, natural gas, and on-site three-phase electric.

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Commercial Land Parcel
Commercial Land Parcel

Saint Louis, MI 48880

$50,000
0.51 AC lot

Vacant commercial parcel with Commercial zoning and cable availability at a St. Louis address.

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Commercial Land
Commercial Land

Mount Pleasant, MI 48858

$149,900
1.36 AC lot

Commercially zoned land with public water service in Union Township.

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Riverdale, MI Restaurants Market Trends and Statistics

Explore 1 restaurants 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 $375,000.

Sale prices for restaurant properties 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 1
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 average listing prices of real estate assets

Neighborhood Average Price
48877 $375K

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%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Gratiot County

Residential Income

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