$1,400,000
FOR SALE

Commercial/Retail

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 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.
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Listed By Re/Max Professionals North
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12418079
Last Updated Mar 25, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
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 4
Heat Type Gas Hot Water
Financial Statement Y
Sewers Sanitary+Storm

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