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.
E Memorial, nearly to SR 67 bypass, on the NW corner of Memorial and S Burlington Rd
| MLS # | 202610287 |
|---|---|
| Date Listed | 2026-03-27 |
| Status | Active |
| Property Type | Commercial |
| Property SubType | Restaurant/Bar |
| New Construction | No |
| Type | Restaurant/Bar |
| Basement | Yes |
| Annual Taxes | $6,856.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1910 |
| Days on Market | 192 |
| Homestead Year | No |
| Den | 2 × 3407 | Level |
| 2nd Bedroom | 1243 × 622 | Level |
| 3rd Bedroom | 2 × 1 | Level |
| 4th Bedroom | 1 × | Level |
| Construction | Restaurant/Bar |
|---|---|
| Lot Size | 30,492 sq ft |
| Acreage | 0.70 Acres |
| Lot Dimensions | 166x195 |
| Fence | None |
| Area | Delaware County |
|---|---|
| County | Delaware |
| Subdivision | None |
| Township | Center |
| City | Muncie |
| State | IN |
| Zip | 47302 |
| Assoc. Dues | $0.00 |
|---|
MLS# 202610287
Listing Provided Courtesy of Steve Slavin
Coldwell Banker Real Estate Group
Cell: 317-701-5006
Listing updated October 3, 2026 at 3:45 am
Last checked 4 minutes ago
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