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    156 Main St Monticello, UT 84535

    For Sale
    $319,000

    Turnkey Pizza Restaurant & Real Estate

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional opportunity presents a thriving, family-owned pizza restaurant located at 156 MAIN in Monticello, UT. The business, Wagon Wheel Pizza, boasts a remarkable 35+ year history and enjoys an enviable reputation within the community and among tourists visiting nearby national parks. This turnkey operation includes the established business, its complete kitchen equipment, and treasured recipes, ensuring a seamless transition for a new owner. The property itself comprises a 0.15-acre lot featuring the original, well-maintained building situated on Main Street, providing exceptional visibility and accessibility. The prime location guarantees high foot traffic and consistent customer flow. An existing outdoor area offers significant potential for expansion, whether for outdoor dining, event hosting, or the addition of a secondary commercial space, perhaps even incorporating living quarters above. The sale includes all necessary equipment and the established customer base, providing a strong foundation for continued success. This is a rare chance to acquire a profitable, long-standing business with significant growth potential in a desirable location. The asking price for this combined real estate and business opportunity is $319,000.

    Property Features for 156 Main St

    General Information

    Property type
    Retail properties
    Lot Size
    6,534 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wagon Wheel Pizza Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Clothing Store Nail Salon Accounting Firm Skin Care Clinic Bar & Pub Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    San Juan
    State
    Utah
    Longitude
    -109.3433
    Latitude
    37.87061

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    Nearby Similar for Sale

    • $399,000
      0.41 Acres

      232 Ctr, Monticello, UT 84535

      Retail properties • 0.41 Acres
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    FAQs

    What type of property is this?
    Retail property - Turnkey Pizza Restaurant & Real Estate
    Where is this retail property located?
    The property is located at 156 Main St Monticello, UT.
    What is the asking price?
    The asking price for this property is $319,000.
    (435) 650-6821
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    156 Main St Monticello, UT 84535
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 Main St Monticello, UT 84535
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