$1,500,000
FOR SALE

Investment

Lot: 42.06 x 123 ft
2024 Taxes: $7,828

171 Muskoka Rd S
Gravenhurst, ON P1P 1X3 | Muskoka (S) | Muskoka

NEW ATTRACTIVE PRICE for this Downtown Gravenhurst Land, Building & Business Investment Opportunity!! After 76 years of family operations, the current owners are retiring. Asset or Share sale includes 9.295 sq. ft. 3 level commercial building with 2 residential unit on the upper level, and a Furniture, Appliance, decor business on a 46 foot by 123 foot with C1 Commercial Core occupies in a prime location on the vibrant main street in downtown Gravenhurst. Retail Space: Two levels comprising 7,169 sq. ft. (3,938 sq. ft. main floor + 3,231 sq. ft. lower level) Residential Space: Two well-kept apartments totaling 2,126 sq. ft., each with its own kitchen, bathroom and hydro meter. South Apt. is approx. 1,000 sq.ft, has 2 beds, 1 bath and laundry in the kitchen. North Apt. is approx. 1,125 sq.ft. has 1 bed + den, 1 bath a large living/dining room. Efficient gas-fired boiler heating system. 200 AMP electrical service, municipal water and sewer. Storefront with display windows and signage. The interior retail space is open, bright, and ready for a new management and concept or continue on the tradition of furniture, major appliance and bed retail sales. The apartments above are in good condition, offering immediate rental income or on-site living for the owner/operator. This is a rare investment opportunity in the heart of Gravenhurst the gateway to Muskoka only 1.5 hours from the GTA. Gravenhurst is the most southern Muskoka business centre serving the growing local community, affluent cottagers and a vibrant tourist market. With a well structured serious offer a VTB is possible.
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Listed By Re/Max Professionals North
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12418071
Last Updated Mar 25, 2026
Property Summary
Property Type Investment

More like this:
PIN 481910194
Legal Description PT LT 8 W/S MUSKOKA RD PL 8 GRAVENHURST AS IN DM214610; T/W EASEMENT OVER PT LT 9 E/S JOHN ST. PL 8 GRAVENHURST PT 2 & 3 35R22310 AS IN MT65186; GRAVENHURST; THE DISTRICT MUNICIPALITY OF MUSKOKA TOGETHER WITH AN EASEMENT OVER PT LT 8 W/S MUSKOKA RD PL 8 GRAVENURST PT 2 ON 35R24348 AS IN MT143119
Possession Date Immediate
Taxes (2024) $7,828
Directions/Cross Streets Bay St.
Neighbourhood Muskoka (S)
Area Muskoka
Price History

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Detailed Information
Freestanding Y
Bathrooms 3
Lot 42.06 x 123 ft
Air Conditioning Yes
Basement Basement
Chattels Y
Garage Type Covered
Parking Spaces 2
Heat Type Gas Hot Water
Financial Statement Y
Sewers Sanitary+Storm Available

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