$1,250,000

113 Market St Hermann, MO 65041

$10,000
Closing credit¹
0.3 acres
Multi-Family

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

Home typeMulti Family
HeatingBaseboard, Forced Air
StatusActive
CoolingOther
Lot size0.33 Acres
Year built1847
ParkingAdditional Parking, Off Street, Open
MLS #24069699

Summary

  • MLS Number: 24069699
  • MLS Name: MARIS
  • Office Name: Trophy Properties & Auction

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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.

Get an agent. Get a mortgage. Save big.¹

back house at dusk with a patio

$1,250,000

113 Market St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

32%
<35k
53%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
6%
Single, with Kids
30%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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