Active

115 E Baltimore St

Funkstown MD, 21734

$989,000


$324.48 per sqft

Active

3,048 sqft

Commercial

Built in 1920

Prime Investment Property + Lucrative Winery Business.
A rare chance to acquire a cash-flowing investment property and established boutique winery in a quaint retail setting.
The real estate consists of three addresses with three separate buildings situated on approximately a third of an acre on a high visibility corner in historic Funkstown, MD. 115, 117, & 119 E. Baltimore Street.
The main building includes the recently renovated tasting room on the main floor and a large 3 BR/ 2 BA apartment upstairs, which can continue to serve as an additional source of income or be utilized as an owner's suite. Elsewhere on the property are structures for storage and wine production, along with an inviting outdoor seating area for customers.
About the business:
This popular destination offers a diverse array of wine-centric experiences, encompassing tastings of distinguished in-house crafted wines, wine and culinary pairings, interactive sessions for crafting your own wine or beer, live musical performances, and more, all within an alluring indoor/outdoor backdrop. The winery's current annual production ranges between 600-800 meticulously crafted cases of award-winning wines.
Growth opportunities:
Opportunities for growth abound, from increased production and wholesale on the winery side to expansion of the facilities, such as a pavilion to accommodate additional guests and events outside. Other ideas include a brewery or farmer's market.
This unique offering encompasses turnkey business operations and every facet of furniture, fixtures, and equipment needed for an uninterrupted launch into this exciting vinicultural realm. Positioned as a well-established, cash-positive enterprise, its dynamic trajectory harbors numerous avenues for growth. Seize this phenomenal opportunity to realize your aspirations and immerse yourself in the region's burgeoning wine landscape!
Inventory will be sold separately.
Financial statements and private tours available with Non-Disclosure Agreement and provision of verifiable Proof/Source of Funds letter directly from a recognized financial institution.

MDWA2022732

MLS ID

June 21, 2024

Listed

October 2, 2024

Updated

Map

115 E Baltimore St
Funkstown MD, 21734

Interior Features

Interior Features

Hardwood


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.31 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

Other Property Details

Area Name

FUNKSTOWN


Taxes

$1,796


Tax Frequency

Annually


Days on Market

55


Garage

No


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listed by Virginia Estates, Inc.
Listing Contact: 7036096477 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 6:54 AM UTC

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