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171 Muskoka Road

171 Muskoka Road

Gravenhurst, ON

  • 3 bath
  • 11,196 sqft
  • Commercial Retail
  • 128 days on market
$1,250,000

Downtown Investment Opportunity in Muskoka!!! Located in the heart of Gravenhurst, this property features a versatile commercial-residential space. The prime downtown C1 Core zoned location has high visibility with useable 6,923 sq. ft. commercial retail space across two levels, plus 1,601 sq. ft. of back room storage and utility space; in addition, two well-maintained residential units in 2,126 sq. ft. Each 2-bedroom apartment has a large living/dining room with a kitchen, bathroom, and separate hydro service in good condition, offering the opportunity for immediate rental income or to provide on-site living for owner or operating staff. The building has an efficient gas fired boiler heating system; 200 amp electrical service; on municipal water and sewer. The large display windows in the 42 foot storefront is ideal for showcasing retail; at the rear is a covered loading dock accessing storage/warehouse area. The interior space is open and bright with 9 foot ceilings, ready for your entrepreneurial vision; whether to continue with retail mixed-use or redevelop for modern commercial and residential building. This is a rare find in the heart of Gravenhurst, the Gateway to Muskoka, serving a vibrant market of tourists year-round, affluent cottage owners, and a growing local community. Seize the opportunity to own a landmark property with proven longevity in a bustling town.

Listing Details

Taxes (2025)
$8,298
Listed
May 5, 2026

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 Available

Location & Legal

Cross Street
Bay St.
Zoning
C1- Commercial Core
Parcel Number
481910194
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Retail Store Related
Office / Apartment Area
19 %

Included

Inclusions
As viewed less personal effects.

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
$625,000
Homes sold
229
Median days on market
35
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

71

Walk

65

Bike

Scores by Walk Score®

Commercial figures

Building area
11,196 sq ft
Price per sq ft
$111.65
Annual property tax
$8,298
Tax per sq ft
$0.74

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Each 2-bedroom apartment has a large living/dining room with a kitchen, bathroom, and separate hydro service in good condition, offering the opportunity for immediate rental income or to provide on-site living for owner or operating staff.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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