Remarks

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.

Details

MLS#: 25-262324
Price: $1,199,000

Style: Business + Real Estate
Baths Full: 0
Sq Ft: 6032
Year Built: 1903

County: Other
Tax Fee: 5727