Active

1811 S Burlington Avenue

Restaurant/Bar • 116Y Old
$355,000 Listed 6 months ago
0.70 Acres
Basement
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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.

Directions

E Memorial, nearly to SR 67 bypass, on the NW corner of Memorial and S Burlington Rd

Property
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
Room Dimensions
Den 2 × 3407 Level
2nd Bedroom 1243 × 622 Level
3rd Bedroom 2 × 1 Level
4th Bedroom 1 × Level
External Features
Construction Restaurant/Bar
Lot Size 30,492 sq ft
Acreage 0.70 Acres
Lot Dimensions 166x195
Fence None
Location
Area Delaware County
County Delaware
Subdivision None
Township Center
City Muncie
State IN
Zip 47302
Financial
Assoc. Dues $0.00
Contact

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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

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.