# 23 Monument Square, Urbana, OH 43078

> **TL;DR:** commercial, $399,900 ($84/sqft), built 1900, 4,769 sqft.
> A/C. Est. $1,733/mo. Listed 23 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 | For Sale |
| Days on Market | 23 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,733 |
| **Total** | **$1,733** |

## 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

## Listing Agent

- **Name:** V. Patrick Hamilton
- **Brokerage:** RE/MAX Alliance Realty
- **Phone:** 9376521100
- **Email:** patrickh@remax.net

## Primary Photo

![23 Monument Square - Primary Photo](http://lh.rdcpix.com/f96a1ede73541ebf6122d5041da00249l-f1441490276r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/23-monument-square-urbana-oh-43078-1045544)*

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**MLS#:** 1045544 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/23-monument-square-urbana-oh-43078-1045544)

---

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