Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Steve Slavin · Cell: 317-701-5006

Active

1811 S Burlington Avenue

$355,000

$76.34 / sq ft

Muncie, IN 47302

Original price $360,000 · Price reduced on July 15, 2026

  • Basement
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Bathrooms
2
Lot
0.7 ac
Year built
1910
Type
Commercial Sale
Listed
March 27, 2026
MLS #
202610287

About this home

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.

Property details

Interior

Stories
2
Finished area above grade
4,650 sq ft
Basement
Partial, Slab, Unfinished
Flooring
Carpet, Tile, Vinyl
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Brick, Wood Siding
Roof
Flat, Rubber
Parking
Parking Lot, Paved
Fencing
Partial, Wood
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.7 ac
Lot dimensions
166x195
Location type
City
Inside city limits
Yes
County
Delaware County
Township
Center
Cross street
Memorial
Current use
Bar
Road frontage
City Street
Road surface
Asphalt
Platted
Yes
Planned unit development
No
Directions
E Memorial, nearly to SR 67 bypass, on the NW corner of Memorial and S Burlington Rd

Taxes & terms

Annual taxes
$6,856
Tax year
2025
Tax exemptions
No Exemptions
Tax abatement
No
Listing terms
Cash, Conventional
Possession
day of close
Parcel number
18-11-13-351-013.000-003

Included in the sale

Included in sale
Building,Business,Furniture,Land,Inventory

Utilities

Water
City
Sewer
Public Sewer
Utilities
Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Sewer to Site, Mun. Water Hook-Up, Mun. Water to Site
Electric provider
AEP/I&M
Gas provider
White River Co-op
Water provider
Indiana American Water Co,Muncie Sanitary Dist.
Cable / internet provider
Comcast/Xfinity,AT&T

Income & commercial

Parking spaces
19
Electric meters
1
Water meters
1
Ceiling height
10 ft

Location

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