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About This Home

This 0-bedroom, 0-bathroom commercial at 23 Monument Square in Urbana, OH is listed for $399,900 ($84 per sqft). Built in 1900, the home offers 4,769 sqft of living space on a 0.04 acres lot.

Agent 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, decor, 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.

Key Features

  • Built in 1900
  • 0.04 acre lot

Property Details

1900

Amenities

A/C

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

23 Monument Square

Urbana, OH 43078

City/Urbana

Property Details

Construction

Brick

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 23 Monument Square is listed at $399,900 ($84/sqft). The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.04 acre lot.

This property is listed by V. Patrick Hamilton and can be reached at 9376521100 or patrickh@remax.net.

VH

V. Patrick Hamilton

Agent at RE/MAX Alliance Realty

(937) 652-1100

Listed by RE/MAX Alliance Realty

MLS# 1045544· Source: listhub· Updated 23 days ago

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.

23 Monument Square, Urbana, OH 43078

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