1811 S Burlington Drive, Muncie, IN 47302

$360,000
4,650
SqFt

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List Price
$360,000
MLS#
22091812
Property Type
Commercial Sale
Sqft. of Residence
4,650
Year Built
1910
Days on Market
124
Status
ACTIVE

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.

Additional Information

Equipment
Smoke Alarm
Acres
0.70
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional
Region
Center

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Real Estate Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative