113 Market St Hermann, MO 65041
Estimated payment $7,235/month
Highlights
- Brick Veneer
- Forced Air Heating System
- Washer and Dryer
- Hermann High School Rated 9+
- Baseboard Heating
- 4-minute walk to Riverfront Park
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $5,707
Year Built
- Built in 1847
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 120x120
Home Design
- 7,000 Sq Ft Home
- Brick Veneer
- Cedar
Laundry
- Washer and Dryer
Parking
- Additional Parking
- Open Parking
- Off-Street Parking
Schools
- Hermann Elem. Elementary School
- Hermann Middle School
- Hermann High School
Utilities
- Forced Air Heating System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 02-7.0-25-003-006-009.000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,730 | $6,030 | $0 | $0 |
| 2023 | $5,707 | $82,510 | $0 | $0 |
| 2022 | $5,466 | $79,100 | $0 | $0 |
| 2021 | $5,476 | $79,108 | $9,702 | $69,406 |
| 2020 | $5,071 | $68,180 | $0 | $0 |
| 2019 | $5,069 | $68,180 | $0 | $0 |
| 2018 | $4,722 | $68,180 | $0 | $0 |
| 2017 | $4,728 | $67,340 | $0 | $0 |
| 2016 | $4,400 | $68,180 | $0 | $0 |
| 2015 | -- | $68,180 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | For Sale | $1,250,000 | 0.0% | $179 / Sq Ft |
| 11/06/2024 11/06/24 | Off Market | -- | -- | -- |
| 11/06/2024 11/06/24 | For Sale | $1,250,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Trustee Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $0 | New Conventional |
Source: MARIS MLS
MLS Number: MIS24069699
APN: 02-7.0-25-003-006-009.000
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