409 Market Street , Hermann, MO 65041

$1,195,000
  • 409 Market Street , Hermann, MO 65041 Main Photo

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New to the Market Active
BEDS5 BATHS5 full 3 partial SQUARE FEET7,200 MLS#26040618
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMarket Street SCHOOLGasconade Co R-I

Property Description

Incredible and Rare opportunity to own a beautifully restored, income-producing historic landmark in the heart of Historic Hermann! Built around 1880, this impressive 21/2-story brick building offers multiple revenue streams and a prime downtown location just steps from Hermann's shops, restaurants, wineries, and attractions.Extensively updated in 2020, the property features new electrical service and wiring, plumbing, bathrooms, water heaters, water softener, HVAC systems, a metal roof, stonework, third-floor vinyl windows, and a spacious composite deck. A rear main-level addition was completed in 2023, further enhancing the property's functionality and appeal.The building includes three retail spaces-two leased storefronts on the main level and one second-floor studio currently occupied by the owner, each with its own half bath. The second floor also features four established short-term rental guest suites, operating as The Artist Suites, each with a private full bath. The third floor offers a loft apartment that is currently leased, providing yet another reliable income source.Additional highlights include a stone storage building, off-street parking for six vehicles with convenient alley access, and an unbeatable downtown location in one of Missouri's premier tourist destinations.Whether you're looking to expand your investment portfolio or own a turnkey mixed-use property with proven income potential, this one-of-a-kind Hermann landmark is an opportunity you won't want to miss!

409 Market Street | MLS# 26040618

This single family home located at 409 Market Street , Hermann, MO 65041 is currently listed for sale with an asking price of $1,195,000. This property was built in 1880 and has 5 bedrooms and 5 full and 3 partial baths with 7200 sq. ft. Market Street is located in the Market Street subdivision within the Gasconade Co R-I school district. Search Market Street real estate on denisemaxwell.redkeystlouis.com today.

Property Features

Property Type: Residential - Single Family
Basement: Dirt Floor, Full, Sump Pump, Unfinished
Basement: Yes
Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump, Mult
Heating: Electric, Forced Air, Heat Pump, Natural Gas
Home Style: Historic, Victorian
Lot Size: 0.16 Acres
Roof Type: Metal
Taxes: $4,454
Year Built: 1880

Amenities

Bookcases
Built-in Features
Ceiling Fan(s)
Center Hall Floorplan
High Ceilings
Historic Millwork
Natural Woodwork
Storage
Track Lighting

Feature Descriptions

Appliances: Dishwasher, Oven, Range, Refrigerator, Washer/Dryer, Washer/Dryer Stacked, Water Heater, Water Softener
Days on Site: 4
Exterior: Brick, Stone Veneer
Lot: City Lot, Level
Lot Dimensions: 60x120
Parcel#: 02-7.0-25-003-021-014.000
Parking: Additional Parking, Alley Access, Off Street
Sewer: Public Sewer
SQFT. Above Grade: 7200
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public
Window: Display Window(s), Insulated Windows, Screens, Tilt-In Windows

Local Schools

High School: Hermann High
Middle School: Hermann Middle
Elementary School: Hermann Elem.
School District: Gasconade Co R-I

Listed By / Shown By

Listed By

Agency Name: Hartman Real Estate

Shown By

Agent Name: Denise Maxwell
Agent Phone: 314.753.0440
Agency Title: RedKey Realty Leaders

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Estimated Payment

$ 7,230.24 per month $6,510.53 Principal & Interest $371.17 Property Tax $348.54 Homeowner's Insurance

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David Ames, Sales Manager, NMLS #738479

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