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$398,000 -$2,000 (-0.5%) Price Reduced
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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. 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.
Full Property Details
Full Property Details for 310 N Main St
General
- Price: $398,000
- Taxes: $4,426
- Status: Active
- Type: Commercial Residential Facility
- Source: WFR
- MLS ID: 2095066
- Updated: 2/21/2026
- Added to Site: 239 day(s) ago
Interior
- Interior Features: Dishwasher, Kitchen, Laundry: Central, Range/Oven, Refrigerator, Restroom: Private, Restroom: Public
- Flooring: Hardwood
Location
- Area: South Sevier
- County: Sevier
- Direction Faces: West
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Utility Description: Gas: Stubbed
Structural Information
- Roof: Asphalt
- Current Bldg. Use: Commercial
- Year Built: 1903
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.42
- Lot Size (Sq. Ft.): 18,295.2
- Lot Size: .42
- Zoning: COMM
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $4,426
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 1-M23-43
Listed by Red Rock Real Estate LLC (Central)
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Schools
Schools serving 310 N Main St
School District:Sevier School District
| Name | Grades | Distance |
|---|---|---|
Monroe School, Monroe, UT 40 West Center Street, Monroe, UT 84754 | K-5 | 0.4 mi |
South Sevier Middle School 300 East Center Street, Monroe, UT 84754 | 6-8 | 0.5 mi |
South Sevier High School 430 West 100 South, Monroe, UT 84754 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 310 N Main St
Date
Details
Price
Change
Source
2/21/2026
Price Reduced
$398,000
-0.5%
MLS
11/07/2025
Price Reduced
$400,000
-19.19%
MLS
8/26/2025
Price Reduced
$495,000
-15.96%
MLS
8/14/2025
Price Reduced
$589,000
-1.67%
MLS
6/27/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 310 N Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,426
—
$491,475
8%
2024
$4,426
-18%
$454,031
-21%
2023
$5,374
30%
$575,145
47%
2022
$4,140
-13%
$392,356
6%
2021
$4,750
—
$369,643
46%
2021
$4,750
37%
$253,060
—
2020
$3,479
-7%
$253,060
—
2018
$3,721
—
$253,060
15%
2018
$3,721
19%
$219,530
—
2017
$3,115
—
$219,530
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 310 N Main St
310 N Main St, Monroe, UT 84754 (MLS# 2095066) is a Commercial Residential Facility property. 310 N Main St is currently listed for $398,000 and was received on June 27, 2025. Want to learn more about 310 N Main St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Monroe? You can browse all Monroe real estate or contact a Coldwell Banker agent to request more information.

