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. 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.
Monroe is located in Utah. Monroe, Utah has a population of 2,497. Monroe is less family-centric than the surrounding county with 32.82% of the households containing married families with children. The county average for households married with children is 39.86%.
The median household income in Monroe, Utah is $64,833. The median household income for the surrounding county is $60,262 compared to the national median of $69,021. The median age of people living in Monroe is 45.9 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 9.5 inches per year, with 34.6 inches of snow per year.
