$4,250,000
FOR SALE

Business for Sale

Restaurant/Pub

Lot: 1,040 x 705.75 ft

27 Sr406 Shore
Muskoka Lakes (Wood (Muskoka Lakes)), ON L0K 1E0

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:47421)
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Listed By CENTURY 21 B.J. ROTH REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12587392
Last Updated Feb 24, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant/Pub
Franchise Non-Franchise
Community Wood (Muskoka Lakes)
Price History

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Detailed Information
Lot 1,040 x 705.75 ft
Listing Contract Date 2025-11-28
Location Description Cross Streets: Water access only. ** Directions: Contact Listing Agent - Water access only.
Property Type Business
Transaction Type For sale
Zoning Description Resort Commercial Waterfront - WC1A2
Business
Business Type Restaurant
Business Subtype Restaurant/pub
Building
Cooling Type Fully air conditioned
Heating Fuel Electric, Wood
Heating Type Forced air, Not known, Baseboard heaters
Land
Total Size 1040 x 705.77 FT
Sewer Septic System
Size of Irregular Land 1040 x 705.77 FT
External Links

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