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$350,000
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Property Description
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.
Full Property Details
Full Property Details for 23 Monument Sq
General
- Sold For: $350,000
- Taxes: $3,036 (2025)
- Status: Closed
- Type: Commercial
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225044873
- Added to Site: 73 day(s) ago
Location
- County: Champaign
- Township: Urbana
- Cross Streets: S Main St
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Storm Sewer, Sewer Available, Natural Gas Available, Electricity Available
Structural Information
- Stories/Levels: 3
- Square Feet: 4,769
- Minimum Avail: 4,769 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742.4
Financial Considerations
- Price Per Sq. Ft.: $83.85
- Tax Amount: $3,036
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: K48-25-00-01-16-020-00
Listed and Sold by REMAX Alliance Realty (937) 652-1100, V. Patrick Hamilton (937) 652-1100
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Schools
Schools serving 23 Monument Sq
School District:Urbana City School District
| Name | Grades | Distance |
|---|---|---|
Urbana High School 500 Washington Avenue, Urbana, OH 43078 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23 Monument Sq
Date
Details
Price
Change
Source
2/04/2026
Sold
$350,000
-12.48%
MLS
12/05/2025
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
23 Monument Square, Urbana, OH 43078 (MLS# 225044873) is a Commercial property that was sold at $350,000 on February 04, 2026. Want to learn more about 23 Monument Square? Do you have questions about finding other Commercial real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.

