$400,000
Monroe, UT 84754
MLS# 25-262324
3636 sqft

1 / 60
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.
Details
Maps
Contract Info
Original List Price: 1199000
List Price/SqFt: 329.76
Offering Type: Sale
Cap Rate: 0
Short Sale Status: No
CAM: 0
Lease Price/Annual: 0
Lse Prc Mnth P/SqFt: 0
Property Tax Rate Per: $
List Price: $400,000
Current Price: $400,000
Listing Date: 2025-06-17
Location, Tax & Legal
Total Taxes: 4426
Tax Year: 2025
Geo Lat: 38.637446
Geo Lon: -112.121049
House Number: 310
Street Direction Pfx: N
Street Name: Main
Street Suffix: ST
MLS Area: Outside Area
State/Province: UT
Postal Code: 84754
County: Other
Tax ID: 1-M23-43
General Property Info
Realtor.com: Commercial
Parking Ratio: 10
Lot Acres: 0.53
Available SqFt: 3636
# of Floors: 2
Listing Class: Business + Real Estate
Total SqFt: 3636
Year Built: 1903
Remarks & Misc
Directions: Driving North on Monroe Main Street Monroe Inn is located on the right corner.
Type of Property
Commercial: 1
Motel/Hotel: 1
Retail Restaurant: 1
Construction
Brick: 1
Zoning
Commercial: 1
Residential: 1
Terms of Sale
Submit Any Offer: 1
Showing Instructions
Call Listing Agent: 1
Possession
Other: 1
Status Change Info
Status: Active
Property Features
Type of Property: Commercial; Motel/Hotel; Retail Restaurant
Construction: Brick
Showing Instructions: Call Listing Agent
Zoning: Commercial; Residential
Terms of Sale: Submit Any Offer
Possession: Other
Supplements
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.
Listing Office: RED ROCK REAL ESTATE CENTRAL
Last Updated: November - 27 - 2025
Information deemed reliable but not guaranteed.
