# 3823 N Broadway Avenue, Muncie, IN 47303

> **TL;DR:** 0bd/3ba commercial, $359,900, built 1960. Est. $1,560/mo. Listed 63 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $359,900 |
| Bathrooms | 3 full |
| Year Built | 1960 |
| Lot Size | 15,246 sqft (0.35 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 63 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,560 |
| **Total** | **$1,560** |

## Property Highlights

- Built in 1960
- 0.35 acre lot
- 30 parking spaces

## Description

### Agent Description
Business Opportunity! Rare chance to own one of Muncie’s 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 years—known 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.

## Location

- **Address:** 3823 N Broadway Avenue, Muncie, IN 47303
- **County:** Delaware County
- **Neighborhood:** None
- **Coordinates:** 40.225229, -85.369356
- **Google Maps:** https://www.google.com/maps?q=40.225229,-85.369356

## Listing Agent

- **Name:** Ryan Kramer
- **Brokerage:** RE/MAX Real Estate Groups
- **Phone:** 7657172489
- **Email:** ryan@kramerrealestategroup.com

## Primary Photo

![3823 N Broadway Avenue - Primary Photo](http://lh.rdcpix.com/62b77580ea508ed64fe446c3e0afdc20l-f973865039r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/3823-n-broadway-avenue-muncie-in-47303-02603850)*

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**MLS#:** 202603850 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/3823-n-broadway-avenue-muncie-in-47303-02603850)

---

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