27 SR406 SHORE, Muskoka Lakes (Wood (Muskoka Lakes)) - Business for Sale
27 SR406 SHORE, Muskoka Lakes (Wood (Muskoka Lakes)), Ontario, L0K1E0
Description
This iconic, water-access-only commercial package on the Severn River offers a once-in-a-generation opportunity to own the legendary WAUBIC - established in 1913 and still one of the most beloved stops between Lock 43 and the historic Big Chute Marine Railway (Lock 44). Spanning 8.05 acres across two parcels plus an additional 3.11-acre residential lot with existing boathouse, this turn-key operation blends history, profitability, and future potential in one remarkable offering. The Waubic's fully equipped commercial kitchen also boasts a walk-in cooler and all the essentials needed for efficient, high-volume service. Over 1000 feet of shoreline and nearly 700 feet of docking anchors a dynamic waterfront hub featuring the iconic Waubic Restaurant, the Dockside Brew Lounge & Waubic Wear merch store, the Bay House rental cabin, 2 separate staff quarters, and a beautifully elevated 743 sq. ft. owner's cottage with panoramic river views. Guests return year after year for the restaurant's nostalgic charm, amazing menu, vibrant Brew Lounge atmosphere, and curated retail experience, while the Bay House continues to draw strong rental demand with its cozy layout and unbeatable location. The included 3.11-acre lot-with 233 feet of private shoreline-adds exceptional flexibility for residential use or expansion, with opportunities to introduce rental cabins, recreational amenities, or watercraft services (subject to zoning). With established seasonal traffic, multiple income streams, and a legacy brand that spans generations, this rare multi-faceted property stands as one of the most compelling commercial holdings on the Trent-Severn waterway - ideal for restaurateurs, hospitality operators, investors, or entrepreneurs seeking a thriving waterfront enterprise with remarkable growth potential. Business and Properties being sold as a package. Includes business, PIN 480230052, PIN 480230009 and PIN 480230171. (id:66096)
Property Details
- MLS®
- X12587392
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Resort Commercial Waterfront - WC1A2
- Lot Size
- 1040 × 706 ft (16.85 acres)
- Frontage
- 1,040 ft
- Heating
- Baseboard heaters, Forced air, Not known
- Cooling
- Fully air conditioned
- Property Tax
- $4,521.79/yr
- Listed
- 340 days ago
Services
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 340 days on market, against an average age of 110 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 93.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Muskoka Lakes (Wood (Muskoka Lakes)) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L0K)
This home lists at $3,500,000, about 39.8× the local median household income of $88,000.
Carrying it typically needs a household income of about $683,673 (20% down, 25-yr amortization, stress-tested) — roughly 677% above the area median.
- Median household income
- $88,000
- Population
- 38,386
- Median age
- 50.8
- Owner / renter
- 90% / 11%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA L0K)
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$3,500,000
Muskoka Lakes