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1811 S Burlington Dr
Muncie, IN 47302
Retail Property For Sale

Executive Summary

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 in1910 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 expansive0.91-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 Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,407 SF
Year Built/Renovated
1910/2020
Price
$493,200 CAD
Price Per SF
$144.76 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.70 AC
Opportunity Zone
Yes
Parking
20 Spaces (5.87 Spaces per 1,000 SF Leased)
Frontage
164’ on E memorial Dr

Property Taxes

Property Taxes

Parcel Number
18-11-13-351-013.000-003
Land Assessment
$78,074 CAD
Improvements Assessment
$254,403 CAD
Total Assessment
$332,477 CAD
  • Listing ID: 39990462

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 1811 S Burlington Dr, Muncie, IN 47302

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