310 N Main ST new

Monroe,UT 84754

$ 1199000

- Bed

0 Bath

6032 SqFt


Key Details

Property Type Commercial

Sub Type Business + Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 6,032 sqft

Price per Sqft $198

MLS Listing ID 25-262324

Year Built 1903

Annual Tax Amount $5,727

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type Business + Real Estate

Source Washington County Board of REALTORS®

Property Description

Includes Adjacent Parcel: 340 N Main Street - Parcel #1-M23-44 The Historic Monroe Inn - Turnkey Business & Investment Property Monroe, Utah | Steps from Monroe Hot Springs | .80 Acre A rare opportunity to own one of Monroe's most iconic properties-perfectly blending history, hospitality, and income-producing potential-all just minutes from the healing waters of Monroe Hot Springs. Positioned on a beautifully manicured .80-acre lot, this unique offering includes two fully renovated residences and a fully restored 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 guest rooms, the Inn operates as a popular nightly rental destination for travelers exploring central Utah's outdoor beauty or visiting nearby Hot Springs. A second remodeled home provides flexibility for owner occupancy, long-term rental income, or staff housing, complete with three spacious bedrooms and modern updates throughout. The fully renovated restaurant space offers an inviting atmosphere with upgraded finishes, open dining areas, and a beautifully landscaped patio complete with a fire pit-perfect for alfresco dining, events, or evening gatherings under the stars. Prominently located on Monroe's Main Street with exceptional visibility, on-site parking, and year-round traffic, this property sits at the gateway to some of Utah's most breathtaking recreation-including ATV trails, hiking, biking, and mountain views 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 history-fully restored, income-generating, and ready to welcome guests, locals, and visitors alike.

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

Acceptable Financing Submit

Listing Terms Submit

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