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Denise Jarboe

denise@theharrisgrouprealty.com +1(270) 993-6433

Listed by Steve Slavin • Coldwell Banker Real Estate Group • Cell: 317-701-5006

$355,000

Est. payment - /mo

2 Baths

0.7 Acres Lot

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UPDATED:

Key Details

Property Type Other Types

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202610287

HOA Y/N No

Year Built 1910

Annual Tax Amount $6,856

Tax Year 2025

Lot Size 0.700 Acres

Acres 0.7

Lot Dimensions 166x195

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 County

Zoning Business Variety

Rooms

Basement Partial, Slab, Unfinished

Interior

Heating Natural Gas, Forced Air

Inclusions Building, Business, Furniture, Land, Inventory

Fireplace N

Exterior

Parking Features Parking Lot, Paved

Fence Partial, Wood

Waterfront Description None

View Y/N true

Total Parking Spaces 19

Building

Sewer Public Sewer

Water City

New Construction No

Others

Pets Allowed No

Tax ID 18-11-13-351-013.000-003

Acceptable Financing IRM202610287

Listing Terms IRM202610287

Special Listing Condition None

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NEARBY SCHOOL & BUSINESS

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Denise Jarboe

+1(270) 993-6433

Broker Associate License ID: RB20000819

1811 S Burlington AVE Muncie, IN 47302

Denise Jarboe

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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