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$ 695,000
Est. payment | /mo
2,907 SqFt
$ 695,000
Est. payment | /mo
2,907 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,907 sqft
Price per Sqft $239
Subdivision Mi
MLS Listing ID 70446811
Year Built 1986
Annual Tax Amount $6,172
Tax Year 2023
Lot Size 2.630 Acres
Acres 2.63
Property Sub-Type Business
Property Description
Nestled in the heart of Croton and Hardy Dam, The Red Anchor stands as a well-established restaurant and bar that has earned its place as a community favorite. This is not just a business--it's a legacy waiting to expand and grow into something extraordinary.Boasting a full liquor license and a spacious banquet room, The Red Anchor offers a versatile space perfect for private events, gatherings, and celebrations. Step outside to the patio area, where guests can enjoy drinks and dinner while soaking in the serene atmosphere.Currently operating just five hours a day, five days a week, serving only dinner, there is tremendous untapped potential to expand. By increasing business hours, adding lunch and breakfast offerings, or extending the number of days open, you could see a dra
Location
State MI
County Newaygo
Area Croton Twp (62007)
Interior
Heating Forced Air
Exterior
Roof Type Metal
Building
Structure Type Frame,Vinyl Siding,Wood
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional,Land Contract
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by LPT Realty