$600,000
$685,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
0.8 Acres Lot
SOLD DATE : 08/25/2023
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1871576
Sold Date 08/25/23
Construction Status Blt./Standing
HOA Y/N No
Year Built 1903
Annual Tax Amount $6,002
Lot Size 0.800 Acres
Acres 0.8
Lot Dimensions 0.0x0.0x0.0
Property Description
Charming bed and breakfast tucked away in the heart of Monroe, Utah. Your guests can stay in a beautiful victorian style, brick home, constructed in 1903 that has 4 rentable rooms with private bathrooms and one of the units has a full kitchen. The building has the option to have a restaurant if approved by the city or can be converted to 2 more guest rooms to bring in more revenue. Included in the sale is a property adjacent to the north that has a 2 car detached garage, garden area, living quarters for staff and 2 rentable units with exterior entrances. Fully landscaped with a beautiful water feature and mature trees. Tons of opportunity sitting right on Monroe Main Street. Not only can you have a bed and breakfast but it has the potential to host weddings and events. Complete turn key business ready to make revenue. Plenty of parking on the street and around the property. Enjoy easy access to hot springs, hiking, fishing, ATV trails right from your door, and driving distance to the National Parks and much more!
Location
State UT
County Sevier
Area South Sevier
Zoning Commercial
Direction Driving South on Monroe Main Street, pass 400 North, property is on the left hand side on the corner.
Interior
Interior Features Kitchen, Range/Oven, Refrigerator, Restroom: Private
Heating Natural Gas
Cooling Central Air
Flooring Carpet, Hardwood, Tile
Fireplace false
Exterior
Exterior Feature Rv Parking
Utilities Available Gas: Natural
Waterfront No
View Y/N No
Roof Type Asphalt
Present Use Commercial
Private Pool false
Building
Faces West
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 1-M23-43
Acceptable Financing Cash, Conventional, SBA
Horse Property Yes
Listing Terms Cash, Conventional, SBA
Financing Seller Financing
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Bought with Red Rock Real Estate (Central)