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Urbana Commercial Building with Restaurant

23 Monument Square, Urbana, OH 43078

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For Sale

$399,900

COMMERCIAL - Urbana, OH

Property size:

4,769 SF

Lot size:

0.04 Acres

Price / SF:

$83/SF

HighLights

Downtown Urbana building with nearly 4,800 SF across three floors plus a full basement
Second floor is currently leased at $700/month
Third floor offers flexible space (blank canvas) for expansion, private events, or office use
Brick construction with forced‑air natural gas heating and central air conditioning
Abuela’s Kitchen restaurant and bar included, with a commercial kitchen, dining furnishings, decor, equipment, and inventory
Includes D5L and D6 liquor licenses; carryout and catering operations provide additional income opportunities

We can help!

Contact an agent

V. Patrick Hamilton

For Sale

$399,900

COMMERCIAL - Urbana, OH

Property size:

4,769 SF

Lot size:

0.04 Acres

Price / SF:

$83/SF

Added:: May 9, 2026
Days on Market:: 50
Last Refresh:: Jun 27 at 3:06 pm

Property Features for 23 Monument Square

General Information

Property type: Commercial Sale
Property subtype: Other
Basement: Full, Unfinished
Standard status: Active
APN: K482500011602000
Size: 4,769 SF
Lot size: 0.04 Acres

Taxes and HOA fees

Tax Year: 2025

Utilities

Sewer type: Public Sewer
Heating system: Forced Air, Natural Gas
Cooling system: Central Air

Building Details

Year built: 1900
Building materials: Brick

We can help!

Contact an agent

V. Patrick Hamilton

Listing agent V. Patrick Hamilton License #2004002933

Listing office RE/MAX Alliance Realty 123 E Court St., Urbana, OH

Listing date May 9, 2026

MLS# 1045544

HighLights

Downtown Urbana building with nearly 4,800 SF across three floors plus a full basement
Second floor is currently leased at $700/month
Third floor offers flexible space (blank canvas) for expansion, private events, or office use
Brick construction with forced‑air natural gas heating and central air conditioning
Abuela’s Kitchen restaurant and bar included, with a commercial kitchen, dining furnishings, decor, equipment, and inventory
Includes D5L and D6 liquor licenses; carryout and catering operations provide additional income opportunities

Overview

Located in downtown Urbana, the property at 23 Monument Square offers approximately 4,800 square feet across three floors and a full basement. The second floor is currently leased to a business for $700 per month, with the potential to be converted into an owner-occupied apartment or additional rental space. The third floor is an open space suitable for expansion, private events, or office space. Included in the sale is Abuela's Kitchen, a Latin American restaurant and bar with an established customer base and local reputation. The dining space accommodates casual dinners and larger celebrations. The sale includes a commercial kitchen, prep areas, dining furnishings, decor, equipment, inventory, and operational essentials. Additional income opportunities are available through carryout and catering operations. The sale includes D5L and D6 liquor licenses, allowing continued bar service and entertainment. The lot size is 0.04 acres. This property offers the opportunity to continue running a successful business or start a new restaurant.

Property Profile Location Intelligence

Current Use by Public Records

Abuela's Kitchen Restaurant Andrew Grimm Photography Photography Service

Suggested Use

Similar Places Nearby

Sodexo — 579 College Way, Urbana, OH 43078

Location Insight

Map
Local Demand

City: Urbana
County: Champaign
State: Ohio
Longitude: -83.752877
Latitude: 40.107778

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For sale
Restaurants
OH
Urbana
43078
23 Monument Square

What type of property is this?

Restaurant - Downtown Urbana building with restaurant, bar, and expansion potential.

Where is this restaurant located?

The property is located at 23 Monument Square Urbana, OH.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: Downtown Urbana building with nearly 4,800 SF across three floors plus a full basement; Second floor is currently leased at $700/month; Third floor offers flexible space (blank canvas) for expansion, private events, or office use

23 Monument Square, Urbana, OH 43078

COMMERCIAL - Urbana, OH

Property Features for 23 Monument Square

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Downtown Urbana Commercial Building For Sale

Historic Brick Apartment Building with Retail

Versatile Retail/Flex Building on US-68

Urbana Duplex: Income Opportunity

Historic Urbana Apartment Building For Sale

Former Auto Dealership on US-68

Turnkey Restaurant with Liquor Licenses

Freestanding Auto Service Building

Urbana Auto Dealership & Maintenance Facility

Retail/Flex Building on Main Street

Historic Urbana Apartment Building For Sale

Restaurant Building with Equipment Package

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