9 days on rocket

113 Market St, Hermann, MO, 65041

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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113 Market St, Hermann$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAdditional Parking, Off Street, Open
Year Built1847
HeatingBaseboard, Forced Air
CoolingOther
MLS #24069699
Lot Size0.33 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Year Built: 1847

Listing Office:

  • Office Name: Trophy Properties & Auction

Interior Features

Interior Information:

  • Appliances: Washer/Dryer

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Off Street, Open

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Other

Other

Directions Information:

  • Directions: If you're at the Missouri river bridge in Hermann, you can see it!. From the bridge, the property will be just South of you, to the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $5,071
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hermann, MO.

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Hermann, MO

City

Med. List Price

$237K

Med. Price/SqFt

$154

Avg. Days On Market

78

# of Sold Homes

7

113 Market St vs Hermann

9 DAYS ON ROCKET

-69 Days

$1,250,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median List Price in Hermann, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24069699

Listing Office:

  • 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.

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 © 2024 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: 11/17/2024, 11:53:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,071$79,108
2020$5,071$68,180
2018$4,722$68,180
2017$4,400$67,340

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-612144
6
/10

  • Hermann Elementary School

  • 328 W 7th St

  • 0.50 miles

  • Public District Grades PK-3

school-card-donut-612145
4
/10

  • Jonesburg Elementary School

  • 106 Smith Rd

  • 12.56 miles

  • Public District Grades PK-5

school-card-donut-612146
6
/10

  • New Haven Elementary School

  • 201 Elton Ave

  • 13.88 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Gasconade County›Hermann›65041›113 Market St

This home is located at 113 Market St in Hermann, MO and zip code 65041. This home, which was built in 1847, sits on a 0.33 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,250,000.

The inventory of homes for sale in Hermann, MO between September 2024 and October 2024 increased by 8.3%. The median list price of listings available in October 2024 was $237,000, while the average time on the real estate market was 78 days.

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

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