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 Main floor retail space of 4,752 sq. ft. plus 450 useable sq. ft. space; Lower level 2,717 sq. ft. commercial space plus 796 sq. ft. utility and storage space; The upper level has 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 are 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 wide 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.
Address
171 Muskoka Road S
List Price
$1,125,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Gravenhurst
Sub-Area
Muskoka (S)
Region
Muskoka
Bathrooms
3
Lot Size Source
MPAC
Lot Depth
123
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
42.06
Parcel Number
481910194
Total Building Area
11196
Occupant Type
Owner
Cross Street
Bay St.
Approx. Age
51 - 99 Years
MLS® Number
X13807738
Listing Brokerage
Re/Max Professionals North
Basement
Yes
Postal Code
P1P 1X3
Posession Details
Available Immediately
Parking Spaces
3
Tax Amount
$8,298.00
Tax Year
2025
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Type
Gas Hot Water
Cooling Features
Yes
UFFI
No
Garage Type
Covered
Tax 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
Security Features
No
Sewer
Sanitary+Storm Available