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Jim, Christy & Crystal Owen

jimo@c21bradley.com +1(260) 348-4500

Listed by Steve Slavin • Coldwell Banker Real Estate Group • Cell: 317-701-5006

$ 355,000

Est. payment | -/mo

0.7 Acres Lot

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$ 355,000

Est. payment | -/mo

Save

0.7 Acres Lot

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

Nearby Locations

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Jim, Christy & Crystal Owen

Realtor® - Managing Broker Certified | Lic# RB-19000314,21000119,26000845

jimo@c21bradley.com

+1(260) 348-4500

2928 East Dupont Rd, Fort Wayne 46825

1811 S Burlington Avenue Muncie, IN 47302

Jim, Christy & Crystal Owen

Key Details

Location

Interior

Exterior

Building

Others

1811 S Burlington Avenue