Gravdal, although increasingly populous, has gone from being a small trade center on the island, once encompassing four different grocery stores, a postal office, bank, fashion boutique, furniture shop, flower shop, architect's office, hotel, cinema, and restaurants, to becoming mostly a residential village. Today, only one grocery store remains, since Gravdal's neighboring town Leknes has become the municipality's center for administration and trade.
However, Gravdal still has a kindergarten, primary school, bowling alley, kiosk of the Narvesen- chain, an RV-dealership, hair salon, tanning salon, and a night club called Titanic Dancing (which by legend once hosted legendary actor Al Pacino, who was shooting scenes for a movie on the Lofoten Islands)
