310 N Main Street

    Monroe, UT 84754
    • $750,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: 1605976
    UPDATED: 65 min ago
    $750,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1903
    County:
    Area:

    School Ratings & Info

    Description

    This listing includes the adjacent home and property which has two rentable units and living quarters. See listing number 1605985. Restaurant is also included. Revenue of $90,000 in 2018 with current pace of approximately $150,000 in revenue for 2019. Expenses and NOI for 2018 reflect renovation costs. The potential and possibilities for this quaint little jewel in Monroe, Utah, are endless! Located near national parks and local hot springs (within one mile). These destinations are highly popular with social media influencers, photographers, travel bloggers, ATVers and more. *Adjacent building, fully renovated, boasts utility rooms and living quarters for staff/management, as well as rentable units with separate exterior access. Adjacent property specs: 2,396 sq. ft., 0.24 acres.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-06-17T15:36:30.92. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.thefieldsteam.com/homes/95464999

    310 N Main Street Monroe, UT 84754

    • Price: $750,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: 1605976
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    1903
    Built
    Neighborhood:
    South Sevier
    County:
    Sevier
    Area:
    South Sevier
    Property Description
    This listing includes the adjacent home and property which has two rentable units and living quarters. See listing number 1605985. Restaurant is also included. Revenue of $90,000 in 2018 with current pace of approximately $150,000 in revenue for 2019. Expenses and NOI for 2018 reflect renovation costs. The potential and possibilities for this quaint little jewel in Monroe, Utah, are endless! Located near national parks and local hot springs (within one mile). These destinations are highly popular with social media influencers, photographers, travel bloggers, ATVers and more. *Adjacent building, fully renovated, boasts utility rooms and living quarters for staff/management, as well as rentable units with separate exterior access. Adjacent property specs: 2,396 sq. ft., 0.24 acres.
    Exterior Features

    Frontage Facing W Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Uncovered Parking Percentage 10

    Property Features

    Business Name Monroe Inn Capitalization Rate 4.00 Commercial Property Type Hotel/Motel Gross Scheduled Income 89092 Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Net Operating Income 15305 Owner Type Property Owner Possession Recording Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 3685 Zoning Code C-2

    Listing provided courtesy of Hometown Realty. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2019 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-06-17T15:36:30.92. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
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