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1811 S Burlington Drive

Muncie, IN 47302

ActiveListed Mar 27, 2026 · 179 days on market

Key facts

Living area
4,650 sqft
Lot
0.7 acres
Year built
1910
Type
Commercial Sale · Business
MLS #
22091812
County
Delaware
Total building area
4,650 sqft

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.

Description provided by the listing brokerage.

Interior

Security
Fire Alarm

Exterior

Roof
Rubber
Parking and garage
CommonConcrete
Other equipment
Smoke Alarm

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
BV Variety Business Zone

Schools

Elementary school
South View Elementary School
High school
Muncie Central High School
School district
Muncie Community Schools

Taxes

Estimated annual tax
$6,688 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,498per month, estimated
Principal and interest $1,815Property tax $557Insurance $126
20% · $72,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$360,000
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