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.
Active
Listed by: Midwest Land Group LLC • Nicole Hart • Contact: 913-674-8010
Price cut: $100K (4/13)
$845,000
308 Market St, Hermann, MO 65041
--beds
--baths
5,994sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
Bright open retail spaceCharming brick facadeModern finishesLarge display windowsHigh ceilings
- 213 days |
- 121 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Nicole Hart 913-674-8010,
Midwest Land Group LLC
Source: MARIS,MLS#: 25079725
Originating MLS: East Central Board of REALTORS
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Facts & features
Interior
Heating
- Electric, Natural Gas
Cooling
- Central Air
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 5,994
- Total interior livable area: 5,994 sqft
Property
Features
- Levels: Two
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 027.025003015016.000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1964
Utilities & green energy
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hermann
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $181,050
- Annual tax amount: $3,454
- Date on market: 12/4/2025
- Cumulative days on market: 213 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Price change | $845,000-10.6%$141/sqft |
Source: | ||
| 12/4/2025 | Listed for sale | $945,000$158/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,454 +7% | $50,880 +1.3% |
| 2024 | $3,227 +0.4% | $50,220 +7.4% |
| 2023 | $3,214 | $46,740 |
| 2022 | -- | $46,740 0% |
| 2021 | -- | $46,747 |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | $3,016 +8.4% | -- |
| 2017 | $2,783 | $43,250 -0.3% |
| 2016 | -- | $43,390 |
| 2015 | -- | $43,390 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 65041
Nearby schools
GreatSchools rating
- 6/10Hermann Elementary SchoolGrades: PK-3Distance: 0.4 mi
- 5/10Hermann Middle SchoolGrades: 4-8Distance: 1.2 mi
- 9/10Hermann High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Hermann Elem.
- Middle: Hermann Middle
- High: Hermann High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Missouri
- Gasconade County
- Hermann
- 65041
- 308 Market St





