$399,900
( $83.85Per Sq Foot )
 $2,661 est/mo Sourced by Back At You

23 Monument Square,Urbana, OH 43078

Urbana, OH 43078

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Description

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.

Details

MLS #226016326
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1900
Days On Site110
Listing Provided ByREMAX Alliance Realty | V. Patrick Hamilton

Features

SQ Feet4,769
Story(s)3
Acreage0.04

Taxes

Property3021

Area Information

StateOH
CountyChampaign
CityUrbana
Zip Code43078
Listing VS Median (in 43078)
Price:
$399,900
low | high
Med:
$294,900
76.256564141035% of Average
sqft:
4,769
low | high
Med:
2,306
100% of Average
$ / sqft:
$84
low | high
Med:
$153
32.850641360071% of Average
On site:
110
low | high
Med:
178.5
61.624649859944% of Average
Sourced by Back At You

Market Activity 43078

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Learn More About This Property

StateOH
CountyChampaign
CityUrbana
Zip Code43078
Listing VS Median (in 43078)
Price:
$399,900
low | high
Med:
$294,900
76.256564141035% of Average
sqft:
4,769
low | high
Med:
2,306
100% of Average
$ / sqft:
$84
low | high
Med:
$153
32.850641360071% of Average
On site:
110
low | high
Med:
178.5
61.624649859944% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $499K
sqft: 3,500 - 5,500
Nearby Listings Property ImageNearby Listings Details
23 Monument Square Property Photo 1
$399,900
23 Monument Square
Urbana, OH 43078
Listing Updated: July 31, 2026 at 10:30:33 PM PDT