
171 Muskoka Road
Gravenhurst, ON
- 3 bath
- 11,196 sqft
- Commercial Retail
- 128 days on market
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
Walk
Bike
Scores by Walk Score®
Location
Street View
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.
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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?