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$1,250,000
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Property Description
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.
Full Property Details
Full Property Details for 113 Market St
General
- Price: $1,250,000
- Taxes: $5,707 (2023)
- Status: Active
- Type: Multi-Family
- Source: MARIS
- MLS ID: 24069699
- Updated: 11/8/2024
- Added to Site: 42 day(s) ago
Rental Information
- Lease/Rent Term: None
Interior
- Appliances: Some Insulated Window(s), Microwave, Refrigerator, Range and Oven, Shower Bath, Some Smoke Alarm(s), Washer/Dryer, Some Window Treatment(s)
Additional Information
- Other Features: High Spd Connection, Laundry Facility in, Laundry Facl-Private, Patio, Storage Room Avail
Parking
- Parking Features: Additional Parking, Off Street, Open
Location
- Area: Hermann R-1G
- County: Gasconade
- Township: Hermann
- Subdivision: Market Street
- Driving 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.
School Information
- School District: Gasconade Co. R-I
- High School District: Gasconade Co. R-I
- Elementary School: Hermann Elem.
- Middle School: Hermann Middle
- High School: Hermann High
Heating & Cooling
- Cooling Type: Other
- Heating Type: Baseboard, Forced Air
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 7,000
- Year Built: 1847
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,375
- Lot Size Source: County Records
- Lot Dimensions: 120 x 120
Financial Considerations
- Price Per Sq. Ft.: $178.57
- Tax Amount: $5,707
- Tax Year: 2023
- Terms: Cash Only, Conventional
Disclosures and Reports
- Special Conditions: None
- Disclosures/Reports: Unknown, Flood Plain No, Sellers Discl. Avail
- Property ID: 02-7.0-25-003-006-009.000
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Price & Sales History for 113 Market St
Date
Details
Price
Change
Source
11/08/2024
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 113 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,730
—
$6,030
-93%
2023
$5,707
4%
$82,510
4%
2021
$5,476
—
$79,108
—
2022
$5,466
8%
$79,100
16%
2020
$5,071
7%
$68,180
—
2018
$4,722
7%
$68,180
1%
2016
$4,400
—
$67,340
-1%
2016
$4,400
—
$68,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 113 Market St
113 Market Street, Hermann, MO 65041 (MLS# 24069699) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 113 Market Street is currently listed for $1,250,000 and was received on November 08, 2024. Want to learn more about 113 Market Street? Do you have questions about finding other Multi-Family real estate for sale in Hermann? You can browse all Hermann real estate or contact a Coldwell Banker agent to request more information.