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113 Market Street

Hermann, MO 65041
7,000 sqft
$1,250,000
Photo of 113 Market Street Hermann MO 65041

Details

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.

Specs

Type Multi-Family
Square Footage 7,000 sqft
Lot Size 0.33 acres
Year Built 1847
Taxes Paid $5,707

Lots & Building Features

Appliances Some Insulated Window(s), Washer/Dryer, Some Window Treatment(s), Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s)
Construction Brick Veneer, Cedar
Cooling Other
Heat Source Electric
Heating Baseboard, Forced Air
Parking Description Additional Parking, Open, Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 120x120 ft

Room Details

Misc Description High Spd Connection, Laundry Facility in, Laundry Facl-Private, Patio, Storage Room Avail

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Financing

$
20%
0.45656%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Hermann
County Gasconade
School District Gasconade Co. R-I
Subdivision Market Street

Schools

Elementary School Hermann Elem.
Junior High School Hermann Middle
Senior High School Hermann High
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