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$ 360,000
Est. payment /mo
Active
1811 S Burlington Avenue Muncie, IN 47302
0.7 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202610287
Year Built 1910
Annual Tax Amount $6,856
Tax Year 2025
Lot Size 0.700 Acres
Property Sub-Type Restaurant/Bar
Property Description
For nearly 75 years, The Oasis Bar has stood as Muncie's oldest continuously operating bar in the same location, offering a rare opportunity to own a true piece of local history. Originally built in 1910 and established as The Oasis in 1952 by the Mason family—who operated it for five generations—this iconic property has long been a neighborhood gathering place, once known for its breaded tenderloins, hamburgers, lively nightclub scene, and big band performances of the 1950s. Today, it has evolved into a remodeled sports bar featuring pool tables and an upgraded stage ideal for karaoke and live music. The offering includes the building, all bar, kitchen, and restaurant equipment, the liquor license, a neighboring investment property, and an expansive 0.91-acre vacant lot along Burlington Avenue. The liquor inventory is negotiable. The seller reports the business has returned to profitability, and a 2026 P&L statement is available upon request. The included rental home offers 1,243 square feet with 2 bedrooms, 1 bath, a 622-square-foot unfinished basement, and is currently leased at $700 on a month-to-month basis. This is a unique chance to carry on a local legacy while making it your own for generations to come.
Location
State IN
County Delaware County
Area Delaware County
Zoning BV Variety Business Zone
Direction E Memorial, nearly to SR 67 bypass, on the NW corner of Memorial and S Burlington Rd
Interior
Flooring Part Carpet, Tile, Vinyl
Appliance Building, Business, Furniture, Land, Inventory
Laundry , 19
Exterior
Fence Partial, Wood
Roof Type Flat,Rubber
Total Parking Spaces 19
Building
Story 2
New Construction No
Others
Financing Cash,Conventional

IDX information provided by the Indiana Regional MLS
Listed by Steve Slavin • Coldwell Banker Real Estate Group • Cell: 317-701-5006
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