23 Monument Square, Urbana, OH 43078
23 Monument Square, Urbana, OH 43078
23 Monument Square, Urbana, OH 43078
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Terra Miller

Terra Miller

+1(614) 592-1530
Listed by V. Patrick Hamilton RE/MAX Alliance Realty
$399,900
Est. payment /mo
4,769 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,769 sqft

Price per Sqft $83

Subdivision City/Urbana

MLS Listing ID 1045544

Year Built 1900

Tax Year 2025

Lot Size 1,742 Sqft

Lot Dimensions 0.04

Source Western Regional Information Systems & Technology (WRIST)

Property 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.

Location

State OH

County Champaign

Community City/Urbana

Area 0.04

Direction Downtown Urbana in the Southwest corner of Monument Square.

Rooms

Basement Unfinished, Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Heat Source Forced Air, Natural Gas

Exterior

Exterior Feature Brick

Parking Features Public

Building

Sewer Public Sewer

Water Supplied Water

Others

Tax ID K482500011602000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/wrist/1045544

Read Less Info

Nearby Locations

GET MORE INFORMATION

Terra Miller

Terra Miller

+1(614) 592-1530

Agent

Agent

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Terra Miller, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.