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31430478
31430495

1811 S Burlington Dr, Muncie, IN 47302

JW
IN IN RB23000239
Coldwell Banker Commercial Lunsford Real Estate
SS
IN RB140458844, IN
Coldwell Banker Real Estate Group Muncie
Listed by Coldwell Banker Commercial Lunsford Real Estate, Coldwell Banker Real Estate Group Muncie
$360,000
103 days on market
Updated 5 days ago
Opportunity zone

The Oasis Bar and Grill

Details
APN 18-11-13-351-013.000-003
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 4,650
Units 1
Occupancy 100%
Tenancy Single
Price per SqFt $77
Year Built 1910
Year Renovated 2022
Buildings 2
Stories 1
Zoning BV Variety Business
Investment Type Owner/User
Ground Lease No

Bar/ Restaurant with Residential Rental on Site

Marketing 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.

Investment highlights

3407 above ground SF building

Zoned BV Business Variety

High traffic area

Excellent Visibility

Well-maintained property

Income Producing

Listing Contacts

JW
IN IN RB23000239
Coldwell Banker Commercial Lunsford Real Estate
SS
IN RB140458844, IN
Coldwell Banker Real Estate Group Muncie
Listed by Coldwell Banker Commercial Lunsford Real Estate, Coldwell Banker Real Estate Group Muncie

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Zoning

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BV CommercialSpecial CommercialVariety Business Zone
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jacob Wagner
License
IN RB23000239
Brokerage
Coldwell Banker Commercial Real Estate Group
Brokerage Phone
7652892228
Title
Commercial Real Estate Broker
Name
Steve Slavin
License
RB140458844
Brokerage
Coldwell Banker Real Estate Group
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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