3823 N Broadway Avenue Muncie, IN $ 359,900
3823 N Broadway Avenue
$ 359,900
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3823 N Broadway Avenue

Muncie, IN, 47303
$ 359,900
Bedrooms-- Baths3.0 Sq 3,099

Monthly Estimate*

$ 2,216

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Commercial Property for sale in Muncie, IN

for $359,900 with 3 full baths. This 3,099 square foot building was built in 1960 on a lot size of 0.35.

Business Opportunity! Rare chance to own one of Muncies well-known and long-standing establishments, Cheers. The current owner is retiring and offering a true turn-key restaurant/bar opportunity, including the real estate, business name, and established operations. Cheers has been a community staple for yearsknown as a welcoming spot where friends gather for great food, drinks, and conversation. Sale includes kitchen equipment, business personal property/furnishings, and a valuable 3-way liquor license. Seller to retain Volkswagen bar, trophies, and speakers. Ideal opportunity for an owner-operator or investor looking to step into a proven location with strong local recognition.

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Commercial Active

Price

$ 359,900

Full Bath

3

Property Type

Commercial

Taxes

$ 4,879

Style

Restaurant/Bar

Lot Size

0.35

Year Built

1960

Town/City

Muncie

County/Region

Delaware

MLS | Web ID

202603850

Features
General
Heating Electric Gas Forced Air
Cooling Central Air
Ceiling Height 9' +
Roof Asphalt Shingle
Parking Yes Off-Street Paved
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 3
Year Built 1960
New Construction No
Subdivision None
Stories Count 1
Township Center
Class COMMERCIAL
Present Use Bus. Included w/Property
Type Restaurant/Bar
Age 66
Special Features Other
REO No
Status Detail 0
Area Delaware County
Location City Commercial
City Muncie
Legal Description MORNINGSIDE ADD Lot # 701-702
Agent First Name Ryan
Agent Last Name Kramer
DOM 0
Tax Year 2027
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Exterior
Road Access City
Exterior Vinyl
Driveway Asphalt
Number of Parking Spaces 30
Lot Size Area 15246
Lot Dimensions 139 x 51
Parking Type Paved parking lot
Waterfront Y/N No
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Interior
Flooring Carpet Ceramic Tile
Basement/Foundation Slab
Walls Wood
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* Excluded Features
List By
Ryan Kramer

Listing Agent

Re/Max Real Estate Groups

Broker

ryan@kramerrealestategroup.com

Email

Affordability Calculator

$2,623
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,216
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$359,900 Listed Price

Map


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3823 N Broadway Avenue, Muncie, IN, 47303 is a Commercial Property for sale at $359,900 with 3,099 sqft and a lot size of 0.35. 3823 N Broadway Avenue has 3.0 baths and was built in 1960. The property's zip code is 47303 which is in Muncie, IN