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$400,000
Est. payment /mo
3,636 SqFt
Price Dropped by $349K
310 N Main ST Monroe, UT 84754
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Key Details
Property Type Commercial
Sub Type Business + Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 3,636 sqft
Price per Sqft $110
MLS Listing ID 25-262324
Year Built 1903
Annual Tax Amount $4,426
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Business + Real Estate
Source Washington County Board of REALTORS®
Land Area 3636
Property Description
A rare opportunity to own one of Monroe's most iconic properties—perfectly blending history, hospitality, and income-producing potential—just minutes from the healing waters of Monroe Hot Springs. Positioned on a beautifully manicured 0.53-acre lot, this unique property offers four fully restored guest rooms and a renovated restaurant, creating a seamless, turnkey business ready for immediate operation. The Historic Monroe Inn has been tastefully modernized while preserving its vintage character. With four inviting rooms, the Inn operates as a popular nightly rental destination for travelers exploring central Utah's outdoor beauty or visiting the nearby Hot Springs. The fully renovated restaurant space offers an inviting atmosphere with upgraded finishes, open dining areas, and a beautifully landscaped patio complete with a fire pitperfect for private events, or evening gatherings under the stars.
Prominently located on Monroe's Main Street with outstanding visibility, on-site parking, and steady year-round traffic, the property sits at the gateway to some of Utah's most breathtaking recreationincluding ATV trails, hiking, biking, and mountain scenery in every direction.Whether you're seeking an exceptional live-work lifestyle, a hospitality venture, or a diversified real estate investment with multiple income streams, this property delivers endless potential. Seize the opportunity to own a piece of Monroe's rich historyfully restored, income-generating, and ready to welcome guests, locals, and visitors alike.
Furniture and restaurant package available for an additional $85,000, making this property fully turnkey and ready for immediate business operation.
Prominently located on Monroe's Main Street with outstanding visibility, on-site parking, and steady year-round traffic, the property sits at the gateway to some of Utah's most breathtaking recreationincluding ATV trails, hiking, biking, and mountain scenery in every direction.Whether you're seeking an exceptional live-work lifestyle, a hospitality venture, or a diversified real estate investment with multiple income streams, this property delivers endless potential. Seize the opportunity to own a piece of Monroe's rich historyfully restored, income-generating, and ready to welcome guests, locals, and visitors alike.
Furniture and restaurant package available for an additional $85,000, making this property fully turnkey and ready for immediate business operation.
Location
State UT
County Other
Area Outside Area
Zoning Residential, Commercial
Direction Driving North on Monroe Main Street Monroe Inn is located on the right corner.
Exterior
View Y/N No
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 1-M23-43
Acceptable Financing Submit
Listing Terms Submit

Listed by RED ROCK REAL ESTATE CENTRAL
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