Building Details

Year built 1960

Flooring type Tile - Ceramic, Carpet

Roof type Asphalt, Shingle

Listing Agency: RE/MAX Real Estate Groups · RE/MAX International m***@gmail.com Show Phone

Listed By: Ryan Kramer · License #36824 Show Phone

Added: Feb 6 Changed: Sep 14 Last Checked: Sep 25 at 4:06PM

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MLS# 202603850

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1960-built bar and restaurant property includes the real estate, business name, established operations, kitchen equipment, and business personal property and furnishings. The sale also includes a 3-way liquor license. Interior finishes include ceramic tile and carpet, while central air serves the building. Off-street parking is available, and the asphalt shingle roof supports the existing hospitality use.

Located at 3823 N Broadway Avenue in Muncie, Indiana, the property occupies 0.35 acres. The offering provides an operating restaurant and bar platform with its associated real estate and business assets. The seller will retain the Volkswagen bar, trophies, and speakers.

Key Highlights

• Operating bar and restaurant business with real estate included
• 0.35‑acre property at 3823 N Broadway Avenue, Muncie, IN 47303
• Sale includes kitchen equipment and business personal property/furnishings

Property Analytics

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Current Use

ATM Atm Cheers Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Carpet & Flooring Store Accounting Firm Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

411

Businesses Nearby

194k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Apparel 72% Dining 14% Shops & Services 13% Home Improvements & Furnishings 1%

Kohl's Apparel

58,653 visits/mo 0.2 miles

T.J. Maxx Apparel

52,298 visits/mo 0.3 miles

Puerto Vallarta Dining

17,086 visits/mo 0.1 miles

Spencer's Shops & Services

13,302 visits/mo 0.3 miles

Old Navy Apparel

12,504 visits/mo 0.3 miles

Demographics for 47303, IN

24,069

Population

11,567

Households

2.1

Avg Household Size

30

Median Age

25%

College-Educated

90%

High-School Grad

58.0 sq mi

ZIP Area

415

Density / Sq Mi

$42,556

Median Household Income

$22,497

Median Earnings

$883

Median Rent

$106,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Bar & Pub - Freestanding hospitality property with included kitchen equipment, furnishings, and a 3-way liquor license.

Where is this bar & pub located?

The property is located at 3823 N Broadway Avenue Muncie, IN.

What is the asking price?

The asking price for this property is $359,900.

What are key features of this property?

This property features: Operating bar and restaurant business with real estate included; 0.35‑acre property at 3823 N Broadway Avenue, Muncie, IN 47303; Sale includes kitchen equipment and business personal property/furnishings