409 Market Street, Hermann, MO 65041
Market Street · Gasconade County
Key Facts
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 2½-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! This is a Duplicate Listing of MLS# 26043923
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Historic / Victorian
Year Built
1880
Living Area
7,200 sq ft
Lot Size
0.16 acres
Lot Dimensions
60x120
Parking Spaces
6
Days on Market
13
MLS® Listing#
26040618
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Patio
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Hermann Elem.
- Middle:
- Hermann Middle
- High:
- Hermann High
Financial Details
HOA
None
Annual Taxes
$4,454
Tax year 2025
Parcel Number
02-7.0-25-003-021-014.000
Directions
From Missouri River Bridge go 4 blocks south on Hwy 19 & Market Street to property on the left.
Affordability Calculator
$239,000
Estimated monthly payment
$6,360/mo
Principal $956,000 · Est. interest $1,333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hermann, MO
- $400,000
- Median Listing Price
- 98
- Median Days on Market
- 1,865
- Median Sq Ft
- $187
- Median Price / Sq Ft
- 26
- Active Listings
- This home’s price is 199% above the area median.
- Its price per sq ft is 11% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hermann, MO.
Location
Points of Interest in Hermann, MO
Showing the Hermann area map.
Nearby Schools
St George School
School · 0.2 mi away
Hermann Elementary School
Elementary · 0.4 mi away
Hermann Middle School
Secondary · 1.1 mi away
Hermann High School
Secondary · 1.2 mi away
Franklin County R-II School
Elementary · 12.2 mi away
Jonesburg Elementary School
Elementary · 12.7 mi away
New Haven High School
Secondary · 13.3 mi away
New Haven Middle School
Secondary · 13.3 mi away
New Haven Elementary School
Elementary · 13.8 mi away
St Ignatius Loyola School
School · 16.5 mi away
Wesleyan Kiddie Kollege
School · 17.2 mi away
Warrior Ridge Elementary
Elementary · 17.2 mi away
Montgomery County High School
Secondary · 17.3 mi away
Warren County R-III School District
School · 17.4 mi away
Black Hawk Middle School
Secondary · 17.6 mi away
Montgomery Co. Middle
Secondary · 17.6 mi away
Daniel Boone Elementary
Elementary · 17.7 mi away
Warrenton High School
Secondary · 17.8 mi away
Holy Rosary School
School · 17.8 mi away
Rebecca Boone Elementary
Elementary · 18.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2302 Berkemeyer Road, Hermann, MO | $850,000 | 4 | 2 | 1,020 |
Moving Cost Estimate
EXIT Agents in Hermann
Listing Courtesy: Hartman Real Estate - 5734862927
Presented by: David Hartman