113 Market St Hermann, MO 65041
- Hotels
- 6,000 SF
Current Use by Public Records
- Hotels
Property Details for 113 Market St
- Year built
- 1857
- Property size
- 6,000 SF
- Property type
- Hotels
Description
Embrace this exceptional investment opportunity in Hermann, MO, featuring two historic German buildings totaling 6,000-7,000 square feet on a 14,375 sq ft lot. Built in 1857, this property boasts 13 unique guest units, offering a blend of historical charm and modern convenience. The north building comprises 11 guest rooms, a library, and laundry facilities, while the south building includes a spacious dining area, a fully equipped kitchen, multiple office spaces, and two additional guest rooms. Ample parking is available. This turnkey operation is currently configured as a motel, but the multiple office spaces and diverse layout present significant opportunities for expansion or diversification into other commercial ventures. The property is zoned commercial and includes the majority of furnishings. This income-producing property is situated in a prime, high-visibility downtown location in historic Hermann, offering immediate revenue potential and significant long-term growth prospects. Seize this rare chance to own a piece of Missouri history and a thriving business.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hermann
- County
- Gasconade
- State
- Missouri
- Longitude
- -91.4372776
- Latitude
- 38.7062535
