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409 Market Street, Hermann, MO, 65041

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

Subdivision: Market Street

List Price

$ 1,195,000

Status

Active

Days on market

0

MLS#

26040618

Bedrooms

5

Full baths

8

Sq. Ft. Above

7,200

Subdivision

Market Street

Municipality

Hermann

School District

Gasconade Co. R-I

County

Gasconade

Property Type

Residential

Style

Historic,Victorian

Type

Residential

Additional Information

Property Tax (2025)

$4,454

Recent Nearby Sales in 65041

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
15 Ac Brown Road, Unincorporated, MO 65041 0/0 -- $220,000 $199,500
90.7% of ask
Aug 28, 2026
423 E 3rd Street, Hermann, MO 65041 0/0 2,088 $249,900 $239,300
95.8% of ask
Aug 28, 2026
1322 Hwy 19 S Hwy 19 Highway, Unincorporated, MO 65041 3/3 1,200 $235,000 $200,000
85.1% of ask
Aug 28, 2026
1336 Hartshorn Drive, Hermann, MO 65041 2/1 900 $59,900 $59,900
100% of ask
Aug 27, 2026
413 Schiller Street, Hermann, MO 65041 3/2 1,424 $349,900 $332,500
95% of ask
Aug 14, 2026
416 W 12th Street, Hermann, MO 65041 4/5 2,976 $559,000 $532,500
95.3% of ask
Aug 13, 2026

Price & Listing History

Listed for sale
Jun 26, 2026 at $1,195,000
Current status: Active
As of Jul 9, 2026 · $1,195,000

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