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$1,600,000
Available - For Sale
Listing ID: X12418079
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. 1000sqft with 2 beds, 1 bath and in kitchen laundry while North Apt. has approx. 1200sqft 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.
Price $1,600,000
Taxes: $7,828
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner
Address: 171 Muskoka Road South , Gravenhurst, P1P 1X3, Muskoka
Postal Code: P1P 1X3
Province/State: Muskoka
Legal Description: PT LT 8 W/S MUSKOKA RD PL 8 GRAVENHURST
Directions/Cross Streets: Bay St.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Use: Retail Store Related
Building Percentage: T
Total Area: 9,295
Total Area Code:  Square Feet
Office/Appartment Area: 2126
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Business/Building Name: Gregory Eric Knapp & Colleen Alvena K
Financial Statement: T
Chattels: T
Franchise: F
Maintenance: 0
Sprinklers: Part
Outside Storage: F
Crane: F
Clear Height Feet: 9
Bay Size Length Feet: 26
Heat Type: Gas Hot Water
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Re/Max Professionals North

171 Muskoka Road South , Gravenhurst, P1P 1X3, Muskoka


 
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At a Glance:
Type: Com - Commercial Retail
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Muskoka (S)
Style:
Lot Size: x 123.00(Feet)
Approximate Age: 51-99
Tax: $7,828
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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