# 23 Monument Square, Urbana, OH 43078 > **TL;DR:** commercial, $399,900 ($84/sqft), built 1900, 4,769 sqft. > A/C. Est. $2,139/mo. Listed 128 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $399,900 | | Price/sqft | $84 | | Square Feet | 4,769 | | Year Built | 1900 | | Lot Size | 1,742 sqft (0.04 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 128 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,022 | | Estimated Insurance | $117 | | **Total** | **$2,139** | ## Key Amenities - A/C ## Property Highlights - Built in 1900 - 0.04 acre lot ## Description ### 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. ## Location - **Address:** 23 Monument Square, Urbana, OH 43078 - **County:** Champaign - **Neighborhood:** City/Urbana - **Coordinates:** 40.107778, -83.752877 - **Google Maps:** https://www.google.com/maps?q=40.107778,-83.752877 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/wrist/1045544 ## Listing Agent - **Name:** V. Patrick Hamilton - **Brokerage:** RE/MAX Alliance Realty - **Phone:** 9376521100 - **Broker Phone:** (937) 652-1100 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/WRISTINCOH/1045544/?channel=propsimple) ## Photos ![23 Monument Square - Photo 1](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1441490276r.jpg) ![23 Monument Square - Photo 2](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1890436901r.jpg) ![23 Monument Square - Photo 3](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f964479577r.jpg) ![23 Monument Square - Photo 4](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f482478644r.jpg) ![23 Monument Square - Photo 5](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f744891692r.jpg) ![23 Monument Square - Photo 6](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f361789081r.jpg) ![23 Monument Square - Photo 7](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f4223739558r.jpg) ![23 Monument Square - Photo 8](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f852713873r.jpg) ![23 Monument Square - Photo 9](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f244095175r.jpg) ![23 Monument Square - Photo 10](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f2159054236r.jpg) ![23 Monument Square - Photo 11](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1893317715r.jpg) ![23 Monument Square - Photo 12](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1918247463r.jpg) ![23 Monument Square - Photo 13](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f3848660947r.jpg) ![23 Monument Square - Photo 14](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f118577168r.jpg) ![23 Monument Square - Photo 15](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f2768475190r.jpg) ![23 Monument Square - Photo 16](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f3229735572r.jpg) ![23 Monument Square - Photo 17](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f2724390964r.jpg) ![23 Monument Square - Photo 18](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f2492754843r.jpg) ![23 Monument Square - Photo 19](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1957425163r.jpg) ![23 Monument Square - Photo 20](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f389395177r.jpg) ![23 Monument Square - Photo 21](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f4010778757r.jpg) ![23 Monument Square - Photo 22](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f2219055843r.jpg) ![23 Monument Square - Photo 23](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1201506988r.jpg) ![23 Monument Square - Photo 24](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f3038692282r.jpg) ![23 Monument Square - Photo 25](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f3479454529r.jpg) ![23 Monument Square - Photo 26](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1875588528r.jpg) ![23 Monument Square - Photo 27](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f445106654r.jpg) ![23 Monument Square - Photo 28](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f3976594701r.jpg) ![23 Monument Square - Photo 29](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1017368776r.jpg) ![23 Monument Square - Photo 30](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f3120371790r.jpg) ![23 Monument Square - Photo 31](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f3043453790r.jpg) ![23 Monument Square - Photo 32](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f4210259922r.jpg) ![23 Monument Square - Photo 33](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1504682758r.jpg) ![23 Monument Square - Photo 34](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f3591799218r.jpg) --- **MLS#:** 1045544 | **Updated:** 2026-07-02 **Source:** listhub *Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/23-monument-square-urbana-oh-43078-1045544) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/23-monument-square-urbana-oh-43078-1045544#listing", "url": "https://www.propertysimple.ai/listing/23-monument-square-urbana-oh-43078-1045544", "name": "23 Monument Square, Urbana, OH 43078", "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. 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