113 Market StHermann, MO 65041

For Sale
$1,250,000

Turnkey Hotel & Restaurant, 13 Units

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • Income-producing property with immediate revenue potential.
  • Two historic German buildings totaling 6,000-7,000 square feet.
  • Ample on-site parking.
  • Multiple business possibilities due to versatile layout, including 13 guest units and multiple office spaces.
  • Prime downtown location in historic Hermann, MO.
  • Turnkey operation with majority of furnishings included.

Property Details for 113 Market St

Property type
Other retail properties, Restaurants
Square Feet
6,000 SF
Year Built
1857
Buildings
2
Stories
2
Units
13

Location Insight

City
Hermann
County
Gasconade
State
Missouri
Latitude
38.7062535
Longitude
-91.4372776
113 Market St, Hermann, Missouri

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113 Market St
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