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171 Muskoka Road

171 Muskoka Road

Gravenhurst, ON

  • 3 bath
  • 9,295 sqft
  • Commercial Retail
  • 343 days on market
$1,400,000Price reduced 13%

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.

R

Reita | Assistant

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Reita said:

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