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Prime downtown Hermann development opportunity with serious upside. This vacant commercial lot sits in the heart of Hermann’s busiest corridor, surrounded by nonstop foot traffic from wineries, restaurants, shops, festivals, and the riverfront. With tourism numbers climbing year after year and limited buildable space downtown, 218 East First Street is one of the few remaining chances to secure a high visibility site in a proven revenue market. Large lot measuring 45"x120" in the business district of beautiful Hermann, Mo along with room for off street parking you have a chance to carve out your next successful business endeavor. Position your next project where demand is already built in. Retail, tasting room, office, boutique lodging, mixed use — this location supports it all. Investors looking for strong returns, brand exposure, and long-term appreciation will immediately recognize the value of a downtown lot with this level of visibility and walkability. A special opportunity to contribute to the future of downtown Hermann. Bring your plans and capitalize on a rare, high impact development site in Missouri’s premier wine country destination.

Highlights

  • Land
  • 0.12 Acre Lot
  • 301 days on Market


  • Acres
    0.12
  • Lot Features
    City Lot
  • Utilities
    Electricity Available
  • Water
    Public

  • Area
    369 - Hermann R-1
  • County
    Gasconade
  • City
    Hermann
  • Neighborhood
    City/Hermann
  • Zip Code
    65041
  • High School
    Hermann High
  • Middle School
    Hermann Middle
  • Elementary School
    Hermann Elem.

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Frequently Asked Questions

How do I schedule a tour of 218 E 1st?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 218 E 1st.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 218 E 1st?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $299,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Hermann, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 218 E 1st?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 218 E 1st at around $1,744. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 218 E 1st?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Gasconade County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 218 E 1st?

In most cases, yes. Whether 218 E 1st is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Hermann's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 218 E 1st?

We can handle that for you. Our preferred local agent specializes in lands in Hermann and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

218 E 1st was listed on January 13, 2026, which means it's been on the market for 301 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

218 E 1st sits on a 0.12-acre lot, which is 5,227 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Hermann Elem.
  • Middle: Hermann Middle
  • High: Hermann High

Want to see how these schools compare? Check out our Gasconade County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 218 E 1st?

The most recent public record shows annual property taxes for 218 E 1st were approximately $505. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 218 E 1st still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 12:10PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source: MARIS MLS | MLS#: 26001836