The historic town centre is well preserved and is protected by law as an urban monument zone.

The exclave of the municipal territory lies already in the Nízký Jeseník mountain range and contains the highest point of Hranice, which is the hill Studená at 626 metres (2,054 ft) above sea level.

The deepest pit cave in the Czech Republic, Hranice Abyss with a length of 473.5 metres (1,553 ft), is located by the town.

With a water depth of 404 metres (1,325 ft), it is also the deepest flooded abyss in the world.

[5] In the days of Austria-Hungary,[6] in the interbellum Czechoslovakia,[7] and during the communist era[8] the city hosted a large military academy.

[9] They had a significant role in the development of Hranice's industry: a textile plant established in 1844 (the largest factory until the mid-20th century), and distilleries (1827, 1836).

[10] The largest employer in the town is SSI Schäfer, manufacturer of metal structures with more than 1,000 employees.

[13] In 1883, Antonín Kunz founded a company in Hranice that specialized in the production of windpumps and other pumps.

At the end of the 19th century, it also produced complete communal water systems that were in towns and cities in the whole Austria-Hungary.

[4] The church of the Beheading of Saint John the Baptist is the landmark of the town square.

The original small synagogue was replaced in 1863 by new larger building in Moorish-Byzantine style.