For sale
Conventional restaurants
OH
Urbana
43078
23 Monument Square

Turnkey Restaurant with Liquor Licenses

23 Monument Square, Urbana, OH 43078

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For Sale

$399,900

Three-floor building with a fully equipped restaurant and bar, plus liquor licenses and additional space for continued operations.

Type:General Commercial

Property size:

4,769 SF

Price / SF:

$83/SF

HighLights

Nearly 4,800 SF downtown Urbana building across three floors plus a full basement (built in 1900).
Second floor is currently leased at $700 per month to a business.
Included business: Abuela's Kitchen Latin American restaurant and bar with dining and bar service operations.
Restaurant comes fully equipped with a commercial kitchen, prep areas, dining furnishings, d9cor, equipment, inventory, and operational essentials.
Liquor licenses D5L and D6 included with the sale.
Additional income opportunities include established carryout and catering operations; public parking available.

We can help!

Listing Contact

V. Patrick Hamilton

Learn more

For Sale

$399,900

Three-floor building with a fully equipped restaurant and bar, plus liquor licenses and additional space for continued operations.

Type:General Commercial

Property size:

4,769 SF

Price / SF:

$83/SF

Added:: May 7, 2026
Days on Market:: 40
Last Refresh:: Jun 15 at 8:11 am

Property Features for 23 Monument Square

General Information

Standard status: Active
Size: 4,769 SF
Property subtype: General Commercial

Building Details

Year Built: 1900

We can help!

Listing Contact

V. Patrick Hamilton

Listing agent V. Patrick Hamilton License #2004002933

Listing office RE/MAX Alliance Realty

Listing date May 7, 2026

Source Xome

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 Alliance Realty

HighLights

Nearly 4,800 SF downtown Urbana building across three floors plus a full basement (built in 1900).
Second floor is currently leased at $700 per month to a business.
Included business: Abuela's Kitchen Latin American restaurant and bar with dining and bar service operations.
Restaurant comes fully equipped with a commercial kitchen, prep areas, dining furnishings, d9cor, equipment, inventory, and operational essentials.
Liquor licenses D5L and D6 included with the sale.
Additional income opportunities include established carryout and catering operations; public parking available.

Overview

23 Monument Square offers nearly 4,800 square feet across three floors, plus a full basement. The building includes a fully equipped commercial kitchen with prep areas, along with dining furnishings, décor, and operational equipment and essentials. A turnkey Latin American restaurant and bar, Abuela’s Kitchen, is included with the sale, and the setup also supports carryout and catering operations. The second floor is currently leased for $700 per month, while the third floor is offered as an open, adaptable space for expansion, private events, office use, or other concepts.

The property is located in downtown Urbana and presents established restaurant operations with on-site space that can support multiple formats or revenue streams. Included with the sale are D5L and D6 liquor licenses, supporting continued bar service.

For an operator or buyer seeking a functioning restaurant platform, the included kitchen, dining buildout, and ongoing carryout and catering operations provide a turnkey foundation. The combination of an actively leased second floor and flexible third-floor space can also support owner-occupancy, additional rental income, or future reconfiguration without requiring a complete rebuild. Liquor licensing included with the sale may further simplify continuity for qualified buyers.

Location Intelligence

Current Use by Public Records

Abuela's Kitchen Restaurant Andrew Grimm Photography Photography Service

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Location Insight

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Local Demand

City: Urbana
County: Champaign
State: Ohio
Longitude: -83.752903
Latitude: 40.107693

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For sale
Conventional restaurants
OH
Urbana
43078
23 Monument Square

What type of property is this?

Conventional restaurant - Three-floor building with a fully equipped restaurant and bar, plus liquor licenses and additional space for continued operations.

Where is this conventional 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: Nearly 4,800 SF downtown Urbana building across three floors plus a full basement (built in 1900).; Second floor is currently leased at $700 per month to a business.; Included business: Abuela's Kitchen Latin American restaurant and bar with dining and bar service operations.