308 Market St

$945,000
Price
Beds
Baths
5,994 Sq. Ft.
$158 / Sq. Ft.
5,994
Sq. Ft.
$158
per Sq. Ft.

Description

Located in the heart of Hermann’s historic district, this fully updated commercial building offers a rare, turn-key opportunity in one of Missouri’s most popular tourist towns. Previously operated as a beloved bakery, the property features a charming brick facade and a bright, open retail space with high ceilings, large display windows, and modern finishes. An attached dining area— with its own entrance—offers flexibility for expansion, a sub-tenant, or dual-use income. The fully furnished commercial...Located in the heart of Hermann’s historic district, this fully updated commercial building offers a rare, turn-key opportunity in one of Missouri’s most popular tourist towns. Previously operated as a beloved bakery, the property features a charming brick facade and a bright, open retail space with high ceilings, large display windows, and modern finishes. An attached dining area— with its own entrance—offers flexibility for expansion, a sub-tenant, or dual-use income. The fully furnished commercial kitchen includes all the essential equipment: fryers, ovens, walk-in cooler, mixers, prep stations, and 3-phase electric—allowing immediate operation. A clean, dry basement provides
extra storage or prep space. Upstairs, a fully renovated 4-bedroom, 1.5-bath residential unit is currently run as a successful Airbnb. It features a private entrance, separate utilities, and full furnishings—perfect for continued rental income or owner’s living quarters. With its unbeatable location, multiple income streams, and complete renovation, this versatile property is an exceptional investment for entrepreneurs or anyone looking to own a piece of Hermann’s historic charm.
  1. Listed by Nicole Hart • Midwest Land Group LLC

Property Details for 308 Market Street

Architectural Style
Other
LISTING UPDATED: 12/04/2025 12:08 PM

Property Details for 308 Market Street

StatusActive
MLS #25079725
Days on Market22
Taxes$3,454 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.08 AC / 3,484 SF
CountyGasconade County

Location

Listing Courtesy of Midwest Land Group LLC
Add your commute

Building Information for 308 Market Street

Stories-Residences-Year Built1964Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$4,957 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,670

Property Taxes

$288

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308 Market Street

Summary
Location and General Information
  • City: Hermann
  • County Or Parish: Gasconade
  • Latitude: 38.704684
  • Longitude: -91.438145
  • Postal Code: 65041
  • State Or Province: MO
  • Sub division Name: N/A
Taxes and HOA Information
  • List AOR: East Central Board of REALTORS
  • Parcel Number: 02-7.0-25-003-015-016.000
  • Tax Annual Amount: $3,454.00
  • Tax Year: 2025
Owner
  • Township: Hermann
Parking
  • Carport: No
School Information
  • Elementary School: Hermann Elem.
  • High School: Hermann High
  • High School District: Gasconade Co. R-I
  • Middle Or Junior School: Hermann Middle
Property
Lot Information
  • Living Area: 5994.0
  • Lot Size Acres: 0.08
  • Lot Size Source: Owner
  • Lot Size Square Feet: 3484.8
  • Property Type: Residential Income
Property and Assessments
  • Documents Count: 0
  • Photos Count: 62
  • Year Built: 1964
  • Disclosures: See Seller's Disclosure
  • Construction Materials: Brick
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Partial
  • Basement YN: Yes
  • Levels: Two
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Electric, Natural Gas

Property History for 308 Market Street

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Listed (Active)

MARIS #25079725

$945,000
DateEvent & SourcePrice
12/04/2025

Listed (Active)

MARIS #25079725

$945,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 308 Market Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,454 ($288 / month)
Home Facts
Lot Size3,600 SqFtStyleMiscellaneousCountyGASCONADEAPN02-7.0-25-3-15-016.000

Schools near 308 Market Street

This home is within Gasconade County R-I School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Hermann Elementary School
PublicPK to 3

Hermann Middle School
Public4 to 8

Hermann High School
Public9 to 12

St George School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

308 Market Street is a multi-family home for sale in Hermann, MO 65041. This property was listed for sale on December 4, 2025 by Midwest Land Group LLC, it's currently listed at $945,000. This listing's school district is Gasconade County R-I School District. Nearby schools include Hermann Elementary School, Hermann Middle School and Hermann High School. 308 Market Street is a 0-bed, 0-bath, 5,994 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Midwest Land Group LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/26/2025 04:38 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.