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$945,000
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Property 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 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.
Full Property Details
Full Property Details for 308 Market St
General
- Price: $945,000
- Taxes: $3,454 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 25079725
- Updated: 12/4/2025
- Added to Site: 43 day(s) ago
Location
- Area: 369 - Hermann R-1
- County: Gasconade
- Township: Hermann
- Subdivision: N/A
School Information
- High School District: Gasconade Co. R-I
- Elementary School: Hermann Elem.
- Middle School: Hermann Middle
- High School: Hermann High
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric, Natural Gas
Utilities
- Water: Public
Structural Information
- Architectural Style: Other
- Basement: Yes
- Basement Desc.: Partial
- Square Feet: 5,994
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,484.8
- Lot Size Source: Owner
Financial Considerations
- Tax Amount: $3,454
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Disclosures/Reports: See Seller's Disclosure
- Property ID: 02-7.0-25-003-015-016.000
Listed by Midwest Land Group LLC
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Schools
Schools serving 308 Market St
School District:Gasconade County R-I School District
| Name | Grades | Distance |
|---|---|---|
Hermann Elementary School 328 West 7th Street, Hermann, MO 65041 | PK-3 | 0.4 mi |
Hermann Middle School 164 Blue Pride Drive, Hermann, MO 65041 | 4-8 | 1.2 mi |
Hermann High School 176 Bearcat Crossing, Hermann, MO 65041 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 308 Market St
Date
Details
Price
Change
Source
12/04/2025
Listed
$945,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 308 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,454
7%
$50,880
437%
2024
$3,227
—
$9,480
-80%
2023
$3,214
—
$46,740
—
2021
$3,215
—
$46,747
—
2022
$3,209
8%
$46,740
8%
2020
$2,979
-1%
$43,390
—
2018
$3,016
8%
$43,390
—
2016
$2,783
—
$43,250
—
2016
$2,783
—
$43,390
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 308 Market St
308 Market Street, Hermann, MO 65041 (MLS# 25079725) is a Single Family property with 0 bedrooms and 0 full bathrooms. 308 Market Street is currently listed for $945,000 and was received on December 04, 2025. Want to learn more about 308 Market Street? Do you have questions about finding other Single Family real estate for sale in Hermann? You can browse all Hermann real estate or contact a Coldwell Banker agent to request more information.

