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.
MDWA2022736
MLSⓇ ID
June 21, 2024
Listed
November 22, 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
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Data last updated on 11/22/2024 at 3:23 AM UTC