113 Market St Hermann, MO 65041
Property details
About 113 Market St
Embrace a rare investment opportunity with TWO historic German buildings that has operated for many years as a delightful motel in a prime, high-visibility location in Hermann Mo. This property showcases 13 unique guest units, each reflecting the charm of its heritage. North building consists of 11 guestrooms, a library and laundry room. The South building consists of large dining area, kitchen, multiple office spaces, and 2 additional guest rooms. The motel features ample parking for ease of access and convenience. This turnkey business opportunity is ready for immediate operation, with additional office space ideal for management or future expansion. With its blend of history and modern amenities, this property is perfect for attracting both leisure and business travelers. Seize the chance to invest in a thriving venture steeped in character! Majorty of furnishings pertaining to business will convey with sale.
Highlights
Summary
- MLS Number: 24069699
- MLS Name: MARIS
- Office Name: Trophy Properties & Auction
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
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Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
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Last updated on: 3/15/2025, 12:53:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
113 Market St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $6,030 | $5,707 |
2023 | $82,510 | $5,707 |
2021 | $79,108 | $5,465 |
2020 | $68,180 | $5,070 |
2018 | $68,180 | $4,722 |
2017 | $67,340 | $4,399 |
History based on county public records data.
Nearby schools
6
Hermann Elementary School
Public District PK-3
0.5 mi
•328 W 7th St
4
Jonesburg Elementary School
Public District PK-5
12.6 mi
•106 Smith Rd
6
New Haven Elementary School
Public District KG-6
13.9 mi
•201 Elton Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,542. The majority of Hermann, MO residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 113 Market St in Hermann, MO and zip code 65041. Features: 0 bathroom. It has been listed on Rocket Homes since November 8, 2024 and is currently priced at $1,250,000.
The inventory of homes for sale in Hermann, MO between January and February 2025 increased by 5.3%. The median list price of listings available in February 2025 was $254,900, while the average time on the real estate market was 115 days.