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The Monroe Inn/Ace's Place Restaurant 310 N Main St 8 Room Hotel Monroe, UT 84754 $553,000 CAD ($69,125 CAD/Room)
INVESTMENT HIGHLIGHTS
- Turn-Key
EXECUTIVE SUMMARY
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. 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. (Adjacent 3-bedroom home also available as a separate purchase.)
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ABOUT 310 N MAIN ST , MONROE, UT 84754
4,973 square foot 2-story hospitality property.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $311.06 CAD | - |
| Guest Room | 6 | $207.38 CAD | - |
PROPERTY TAXES
| Parcel Number | 1-M23-43 | Improvements Assessment | $526,845 CAD |
| Land Assessment | $113,793 CAD | Total Assessment | $640,638 CAD |
PROPERTY TAXES
Parcel Number
1-M23-43
Land Assessment
$113,793 CAD
Improvements Assessment
$526,845 CAD
Total Assessment
$640,638 CAD
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The Monroe Inn/Ace's Place Restaurant | 310 N Main St
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