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.
- Age: Over 50 Years Old
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floor Covering: Carpet
- Legal Description: PT SW QTR SW QTR 0.7000Acres STR: 132010 IN: OUT:
- MLSID: 202610287
- Roof Type: Flat
- Roof Type: Rubber
- Rooms: Basement