Riverdale, MI Restaurants for sale

$399,900

6,560 SF

Historical Tavern with Rental Potential

6681 N Lumberjack Road, Riverdale, MI 48877

Turnkey restaurant/tavern with rental potential in central Michigan.

Award‑winning restaurant/tavern with a strong reputation, a "Keepin' It Local In The 989" winner in 2025 & 2026.
Turnkey operation includes all existing equipment and fixtures.
Significant space: Over 4,000 sq. ft. on the main level with an additional 2,000+ sq. ft. of rental potential above.
Recent upgrades include a new outdoor bar & fencing (2024), updated septic system, and Generac generator (2025).
Includes licenses: Class C Sunday Sales license and non‑transferrable lottery license.

Updated: Feb 26

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$399,900

4,000 SF

Historic Tavern with Award-Winning Fish

Riverdale, MI 48877

Turnkey restaurant/tavern with rental potential and updated amenities.

Award‑winning fish fry business with proven success (2025 & 2026 awards).
Turnkey restaurant/tavern with all existing equipment included.
Substantial square footage: Over 4,000 sq. ft. on the main level with an additional 2,000+ sq. ft. of rental potential upstairs.
New outdoor bar and fencing added in 2024, including a tent for events.
Updated septic system and Generac generator installed in 2025.

Updated: Apr 26

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Riverdale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

$225,000

2,358 SF

Iconic Retail Store in Alma

Long-established retail store with high visibility and drive-thru.

316 W Superior Street, Alma, MI 48801

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Versatile Commercial Building, Ithaca, MI

$85,000

952 SF

Versatile Commercial Building, Ithaca, MI

High-visibility corner lot suitable for various business ventures.

725 E Center, Ithaca, MI 48847

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$1,000,000

3,350 SF

Operating Restaurant Building For Sale

3,350 SF restaurant building for sale on E Center Street.

1335 E Center St, Ithaca, MI 48847

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$2,100,000

8.86 Acres

Prime Commercial Land For Sale

8.86 acres of commercially zoned property ideal for development.

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

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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.

$2,100,000

8.00 Acres

Prime Commercial Land For Sale

8.86 acres ideal for motel, restaurant, and other businesses.

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

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$750,000

1.30 Acres

Commercial Land in Downtown Alma

1.3 acres of commercial land near Alma College.

323 W Superior St, Alma, MI 48801

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$50,000

0.51 Acres

Prime Commercial Lot Opportunity

Spacious commercial lot in St Louis, MI. Build-ready.

Saint Louis, MI 48880

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Mount Pleasant Commercial Land Available

$149,900

1.36 Acres

Mount Pleasant Commercial Land Available

1.36 acre commercial land in Mount Pleasant, Michigan.

0000 Collegiate Way, Mount Pleasant, MI 48858

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Riverdale, MI Restaurants Investment Opportunities Market Analysis

Explore 2 restaurants for sale in Riverdale, MI on our real estate platform. These investment opportunities span a total of 10,560 square feet of properties for sale, with an estimated market value of $799,800.

Sale prices for restaurant properties in Riverdale, MI start at $399,900, averaging $399,900, and reaching up to $399,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
48877	$399.9K

Neighborhood

Average Price

48877

$399.9K