23 Monument Square Urbana, OH $ 399,900
23 Monument Square
$ 399,900
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23 Monument Square

Urbana, OH, 43078
$ 399,900
Bedrooms-- Baths-- Sq 4,769

Monthly Estimate*

$ 2,495

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Commercial Property for sale in Urbana, OH

for $399,900. This 4,769 square foot building was built in 1900 on a lot size of 0.04.

Abuela's Kitchen - an established and beloved Latin American Restaurant and Bar - is now for sale offering a rare opportunity to step into a turnkey business with a loyal customer base and a strong community presence. When guests walk in, they are welcomed by the warm colors, inviting décor, and the aroma of traditional recipes that have made this restaurant a local favorite. The dining area is cozy, with seating arranged to accommodate both intimate meals and larger gatherings. Known for its rich flavors and time-honored dishes, Abuela's Kitchen has built its reputation on serving Latin American cuisine made with care, quality, and heritage. The menu features customer favorites such as slow cooked meats, fresh-made empanadas, classic rice and bean dishes, house-crafted sauces, and desserts inspired by family recipes. With a well-organized commercial kitchen, ample prep space, and equipment already in place, the new owner can continue operations seamlessly or expand the menu to add new offerings. The restaurant also includes a takeout and catering setup, adding add'l revenue potential. This turnkey property includes D5L and D6 Liquor License, all dining furniture, décor, kitchen equipment, operational essentials and inventory, allowing for an immediate transition. The location has strong visibility and steady foot traffic attracting both old and new visitors. Abuela's Kitchen is more than a place to eat; it is a gathering spot where customers return for familiar flavors and warm hospitality. For an entrepreneur or culinary visionary, this sale represents a unique chance to step into a successful, established business with room for continued growth -or- bring your restaurant ideas and make it your own. Real estate is included in the sale with almost 4800 sq ft on 3 floors plus a full basement. The second level is currently leased to a business but could easily be an owner-occupied apartment, and the third level is waiting for the new owner's vision to come to life.

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Commercial Contingent

Price

$ 399,900

Property Type

Commercial

Taxes

$ 2,917

Style

Lot Size

0.04

Year Built

1900

Town/City

Urbana

County/Region

Champaign

MLS | Web ID

225044873

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Water Available Storm Sewer Sewer Available Natural Gas Available Electricity Available
Year Built 1900
Stories Count 3
Township Urbana
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0.0
County Champaign
Net Operating Income 0.0
Operating Expense 0.0
Property Type Commercial Sale
Status Contingent
City Urbana
Lot Size Square Feet 1742.4
Land Lease Y/N N
Tax Annual Amount 2917.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/wrist/1042808
Standard Status Active Under Contract
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Water Source Public
Lot Size Area 0.04
Spa N
Building Area Total 4769.0
Lot Size Acres 0.04
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 23
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* Excluded Features
List By
V. Patrick Hamilton

Listing Agent

Remax Alliance Realty

Broker

patrickh@remax.net

Email

Affordability Calculator

$2,738
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$243
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$399,900 Listed Price

Map


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23 Monument Square, Urbana, OH, 43078 is a Commercial Property for sale at $399,900 with 4,769 sqft and a lot size of 0.04. 23 Monument Square was built in 1900. The property's zip code is 43078 which is in Urbana, OH