Urbana Commercial Building with
23 Monument Square, Urbana, OH 43078
New
- Added:
- May 9, 2026
- Days on Market:
- 2
- Last Refresh:
- May 10 at 8:06 am
Property Features for 23 Monument Square
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Basement
- Unfinished, Full
- 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
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Building materials
- Brick
Listing agent V. Patrick Hamilton License #2004002933 (937) 652-1100
Listing office RE/MAX Alliance Realty 123 E Court St., Urbana, OH (937) 652-1100
Listing date May 9, 2026
MLS# 1045544
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Established Turnkey Restaurant (Abuela's Kitchen): Includes all equipment, inventory, and licenses (D5L, D6) for immediate operation and income.
- Prime Downtown Urbana Location: Excellent visibility and a favorite gathering place within the community.
- Income‑Generating Potential: Second floor currently leased with potential for owner‑occupied apartment or additional rental space.
- Significant Square Footage: Nearly 4,800 sq ft across three floors plus a full basement, offering flexibility and growth opportunities.
- Expansion/Customization Potential: Third floor is a blank canvas for expansion, private events, or office space.
- Established Carryout and Catering Operations: Additional income streams already in place.
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
Insight Report
Location Intelligence
Current Use by Public Records
Abuela's Kitchen
Restaurant
Andrew Grimm Photography
Photography Service
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
Nearby Similar for Sale
FAQs
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: Established Turnkey Restaurant (Abuela's Kitchen): Includes all equipment, inventory, and licenses (D5L, D6) for immediate operation and income.; Prime Downtown Urbana Location: Excellent visibility and a favorite gathering place within the community.; Income‑Generating Potential: Second floor currently leased with potential for owner‑occupied apartment or additional rental space.
