Search
Cheers Bar and Restaurant
For Sale
$359,900

3823 N Broadway Avenue, Muncie, IN 47303

The sale includes kitchen equipment, furnishings, the operating business, and a 3-way liquor license.

Property SizeContact for details
Days on Market9

Property Features for 3823 N Broadway Avenue

General Information

Standard status Active
Property subtype Commercial

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes
Currently Operating Yes

Building Details

Year Built 1960
Buildings 1
Stories 1
Listing Agency: RE/MAX Real Estate Groups
Listed By: Ryan Kramer · License #36824
Source: Castleonerealty
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 26 at 3:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estate Groups

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Cheers is a bar and restaurant at 3823 N Broadway Avenue in Muncie, Indiana. Built in 1960, the property is offered with the business name and established operations, along with kitchen equipment and business furnishings. A 3-way liquor license is included in the sale.

The Volkswagen bar, trophies, and speakers are excluded and will remain with the seller.

Key Highlights

  • Includes the real estate, business name, and operating business
  • Kitchen equipment and business furnishings convey
  • Includes a 3‑way liquor license

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Starbucks — 3601 N Barr St, Muncie, IN 47303

Frequently Asked Questions

What type of property is this?
Bar & Pub - The sale includes kitchen equipment, furnishings, the operating business, 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: Includes the real estate, business name, and operating business; Kitchen equipment and business furnishings convey; Includes a 3‑way liquor license
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved