Commercial $ 749,000

310 N MAIN ST

Monroe, UT 84754

  • 3,636 SqFt
  • 3,636 Lot Size
  • 1903 Year Built
Includes Adjacent Parcel: 340 N Main Street - Parcel #1-M23-44 The Historic Monroe Inn - in 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. Property can be sold separately or together. The furniture and restaurant package is available for an additional $85,000, making the property fully turnkey and ready for immediate business operation.
Listed by Red Rock Real Estate (Central)

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Commercial Building

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 636 sqft

    Price per Sqft $205

    MLS Listing ID 113620

    Construction Status Existing

    Year Built 1903

    Annual Tax Amount $4,158

    Lot Size 3,636 Sqft

    Acres 0.53

    Property Sub-Type Commercial Building

    Source Iron County Board of REALTORS®

  • Location

    State UT

    County Sevier

    Community Not Applicable

    Direction Driving North on Monroe Main Street Monroe Inn is located on the right corner.

  • Building

    Structure Type Brick

    New Construction No

    Construction Status Existing

  • Interior

    Heating Natural Gas

  • Exterior

    Utilities Available Natural Gas Connected, Irrigation

  • Others

    Senior Community No

    Tax ID 1-M23-43

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