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
Exterior
- Roof
- Parking and garage
- Other equipment
Systems
- Heating
- Cooling
- Utilities
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
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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