




0 Baths
4,769 sqft
$399,900
23 Monument Square, Urbana OH, 43078
Price per sqft$83.85
Built in1900
Property size4,769 sqft
Property typeCommercial
Courtesy of V. Patrick Hamilton - REMAX Alliance Realty
Overview
Active
Listed May 11, 2026
Updated Jul 30
An exciting opportunity awaits with the sale of 23 Monument Square, a downtown Urbana building that offers nearly 4,800 square feet across three floors plus a full basement. The building provides outstanding flexibility for future growth and additional income opportunities. The second floor is currently leased ($700 per month) to a business but could easily be converted into an owner-occupied apartment or additional rental space. The third floor presents a blank canvas ready for expansion, private events, office space, or the next owner's creative vision. Included with the sale is Abuela's Kitchen, a well-established Latin American restaurant and bar that has become a favorite gathering place within the community. This turnkey business offers the chance to step into a successful operation with an established customer base, strong local reputation and a welcoming atmosphere that keeps guests coming back time and time again. The dining space is designed to accommodate everything from casual dinners to larger celebrations, creating an atmosphere that feels both warm and memorable. The building is fully equipped with a spacious commercial kitchen, prep areas, dining furnishings, décor, equipment, inventory, and operational essentials, making the transition seamless for a new owner. Additional income opportunities are available through the established carryout and catering operations. Included in the sale are D5L and D6 liquor licenses, allowing continued bar service and entertainment potential. With excellent visibility, this opportunity offers a rare chance to own a downtown Urbana building with an established restaurant and unlimited potential for future success. Continue to run an already successful business or with everything already in place, make it your own by starting an entirely new restaurant.
Additional information
- MLS® ID
- 226016326
Interior Features
- Bathrooms
- 0
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.04 Acres
Other Property Details
- Taxes
- $3,021
- Tax Frequency
- Annually
Courtesy of V. Patrick Hamilton - REMAX Alliance Realty
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Greg Giessler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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