$399,900

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, décor, 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. 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, décor, 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.

$439,900

Positioned in the coveted 100 block of North Main Street in the very heart of Urbana's vibrant downtown business district, this admired commercial building offers a rare opportunity to own a landmark property with deep local roots. Held in the same family for decades and currently home to the prestigious Guild Galleries Interiors, an interior design studio, retail boutique, and fine women's clothing and accessories destination, the property is surrounded by thriving retail shops, restaurants, coffee shops, bank, bookstore, event center and professional offices, truly embodying the phrase 'location, location, location.' Inside, the building features four full levels of usable space, including a finished basement, all conveniently served by a working elevator that reaches every floor along with traditional stair access. The basement level is finished for office use and includes a half bath. The main level showcases over 3,000 square feet of retail space highlighted by a blend of gleaming hardwood floors and carpeted areas, while the second floor provides an additional 3,000+ square feet that has most recently functioned as an expansive retail showroom. The third level contributes another 1,500+ square feet currently utilized for storage. With both front and rear public entrances and a public parking lot directly behind the building, accessibility is exceptional. Well- maintained and among the larger downtown properties where all four floors can be fully utilized, this building presents unlimited possibilities for retail, professional offices, loft-style apartments, or a creative mixed-use vision ready to be brought to life by its next owner. Real Estate Only - The Business can be negotiated outside of the Real Estate Transaction. Positioned in the coveted 100 block of North Main Street in the very heart of Urbana's vibrant downtown business district, this admired commercial building offers a rare opportunity to own a landmark property with deep local roots. Held in the same family for decades and currently home to the prestigious Guild Galleries Interiors, an interior design studio, retail boutique, and fine women's clothing and accessories destination, the property is surrounded by thriving retail shops, restaurants, coffee shops, bank, bookstore, event center and professional offices, truly embodying the phrase 'location, location, location.' Inside, the building features four full levels of usable space, including a finished basement, all conveniently served by a working elevator that reaches every floor along with traditional stair access. The basement level is finished for office use and includes a half bath. The main level showcases over 3,000 square feet of retail space highlighted by a blend of gleaming hardwood floors and carpeted areas, while the second floor provides an additional 3,000+ square feet that has most recently functioned as an expansive retail showroom. The third level contributes another 1,500+ square feet currently utilized for storage. With both front and rear public entrances and a public parking lot directly behind the building, accessibility is exceptional. Well- maintained and among the larger downtown properties where all four floors can be fully utilized, this building presents unlimited possibilities for retail, professional offices, loft-style apartments, or a creative mixed-use vision ready to be brought to life by its next owner. Real Estate Only - The Business can be negotiated outside of the Real Estate Transaction.