
171 Muskoka Road
Gravenhurst, ON
- 3 bath
- 9,295 sqft
- Commercial Retail
- 343 days on market
NEW ATTRACTIVE PRICE for this Rare Downtown Gravenhurst Investment & Development Opportunity!!! A true once-in-two-generation offering, this 9,295 sq. ft. commercial/residential building occupies a prime location on the vibrant main street of Gravenhurst. Owned and operated by the same successful furniture and appliance business for an extraordinary 76 years, this property now awaits its next chapter. The Retail Space on two levels comprising 7,169 sq. ft. (3,938 sq. ft. main floor + 3,231 sq. ft. lower level). The Residential Space: has two well-kept apartments totaling 2,126 sq. ft., each with its own kitchen, Bathroom and Hydro service. South Apt. has approx. 1,000 sq.ft. with 2 beds, 1 bath and in kitchen laundry while North Apt. has approx. 1,125 sq.ft. with 1 bed + den, 1 bath and a large living/dining room. The efficient gas-fired boiler heating system; 200 AMP electrical service; on municipal water and sewer. 42 feet store front with large display windows ideal for showcasing retail. At rear is a cover loading dock, warehouse storage area, and utility rooms. The interior retail space is open, bright, with 9' ceilings and ready for your vision whether you continue retail operations, create a mixed-use hub, or redevelop for modern commercial and residential use with C1 Commercial Core Zoning. The apartments above are in good condition, offering immediate rental income or on-site living for an owner/operator. This is a rare find in the heart of Gravenhurst the gateway to Muskoka, surrounded by year-round tourism and a growing local community. Seize the opportunity to own a landmark property with proven longevity and unlimited potential.
Listing Details
- Taxes (2024)
- $7,828
- Originally Listed
- $1,600,000
- Listed
- September 22, 2025
Price History
Listing history
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Property
- Age
- 51-99
- Lot Size
- 42.06 x 123 Feet
Parking
- Garage
- Covered
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Bay St.
- Zoning
- C1
- Parcel Number
- 481910194
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 2126 Sq Ft
Included
- Inclusions
- As viewed with exception of inventory and personal property
Community
Postal area P1P
- Population
- 11,083
- Private dwellings
- 6,921
- Median age
- 54
- Average household size
- 2.2
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Gravenhurst · last 12 months
- Median sold price
- $630,000
- Homes sold
- 229
- Median days on market
- 33
- Sale-to-list price
- 94.9%
Based on 229 recorded sales of commercial properties in Gravenhurst over the last 12 months.
Listed by
Re/Max Professionals North
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 9,295 sq ft
- Price per sq ft
- $150.62
- Annual property tax
- $7,828
- Tax per sq ft
- $0.84
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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