1811 S Burlington Avenue, Muncie, IN

Others for Sale - $360,000


Agent Info

Steve Slavin
Coldwell Banker Real Estate Group

Property Info

CIMLS#1189459
Location
  1811 S Burlington Avenue
  Muncie IN 47302
UpdatedMarch 27th, 2026
TypeOthers
Price$360,000

Property Description

For nearly 75 years, The Oasis Bar has stood as Muncies 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 familywho operated it for five generationsthis 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.


Financials


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