Commercially zoned and ideally located in the heart of Gravenhurst, this in-town bungalow offers outstanding potential for investors, business owners, or those seeking a convenient residential property on full municipal services. The home features approximately 755 sq. ft. of living space, 2 bedrooms, 1 bathroom, and a fully finished basement. Recent updates include added blown-in insulation, a forced-air furnace, and an updated roof. Situated in a high-exposure location with excellent visibility, the property is within walking distance of schools, shops, restaurants, and other amenities, with quick access to Highway 11. A versatile opportunity in a growing Muskoka community.