REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Steve Slavin • Coldwell Banker Real Estate Group
$ 360,000
Est. payment | /mo
4,650 SqFt
$ 360,000
Est. payment | /mo
4,650 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,650 sqft
Price per Sqft $77
MLS Listing ID 22091812
Year Built 1910
Tax Year 2025
Lot Size 0.700 Acres
Acres 0.7
Property Sub-Type Business
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.
Location
State IN
County Delaware
Zoning BV Variety Business Zone
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Equipment Smoke Alarm
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Rubber
Building
Story 1
New Construction false
Schools
Elementary Schools South View Elementary School
High Schools Muncie Central High School
School District Muncie Community Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
GET MORE INFORMATION
